With a changing population, competency requirements, and the declining rate of accounting aspirants, the accounting and finance scenario is changing. To address this ongoing issue, over 1200 accounting forums and professionals worldwide proposed introducing a CPA Evolution 2024, which would result in adaptability and transformation in the CPA course, CPA exam structure, CPA license framework, CPA salary package, and demand. BEC in the spotlight The 2024 CPA changes will have a more significant impact on…
A Certified Public Accountant (CPA) is the highest standard degree in the field of Finance and Accountancy. The American Institute of Certified Public Accountants (AICPA), the world’s largest accounting body, conducts the CPA exam. The CPA Exam consists of four different parts: Financial Auditing and Reporting (FAR), Auditing and Attestation (AUD), Regulation (REG), and Business Environment and Concepts (BEC). All four sections of the CPA exam consist of multiple-choice questions (MCQs) and task-based simulations (TBS)…
The American Institute of Certified Public Accountants, the world’s largest accounting group, administers the US CPA. The AICPA awards CPA certification to those who have passed the standardized CPA exam and earned the required experience. The CPA certification upholds the highest possible professional standards in the field of accounting. AICPA membership is open to anyone who passes all four CPA tests. On the other hand, a CPA license is issued by the National Association of State…
In recent times, the US CPA course is keeping every industry on track. Being qualified CPA, finance, and accounting professionals are capable of analyzing and interpreting financial information which helps them to understand where the business is actually heading. Certified Public Accountants (CPAs) are in high demand in a variety of fields. The major function of a CPA is to offer public accounting services, but they also offer tax-related services and auditing, which are required in almost every organization. Their expertise in …
Vipin – Simandhar’s US CPA aspirant has shared his journey to ace the BEC exam and provided a strategy to make the preparations easy. I am sharing my journey and the things I have done during my BEC preparation. Being US CMA and having good experience in core accounting, I did have a good grip on the general and basic concepts, so my focus was on things that were not covered previously in my study…
First and foremost, if you have decided to pursue this course, 100% determination and consistency are necessary. One cannot pass the exam unless he/she is focused on studies. My study strategy for all four subjects is as follows. I will suggest you appear for the exams in the following pattern only as FAR has interconnection with other subjects. FAR: – Financial Accounting and Reporting (FAR) is the BEAST. You have to dedicate more time to this…
US Certified Public Accountant (US CPA) is a credential given to the individuals who passed the US CPA examination governed by the American Institute of Certified Public Accountants (AICPA). The US CPA aspirants must meet the relevant experience and educational requirements. The US CPA designation helps to enforce the professional standards in the accounting and finance industry. When should I expect to receive my US CPA exam scores? After completion of the US CPA exam,…
We are delighted to share that our student Mr.Abhishek (CA, CPA Aspirant) has scored 96 in the CPA-Audit exam. He shared about ‘How he got 96 in the Audit exam?’ Let’s move right into his experience. Hi, I’m Abhishek. I’m a qualified CA and now pursuing the CPA Course from Simandhar Education. All – my two cents on CPA AUD preparation. I hope you all find it useful: 1) First and foremost may be rhetoric,…
My CPA Regulation journey: For me clearing CPA REG was the toughest thing. After failing twice in the regulation part I didn’t lose my hope but instead I started preparing again from scratch. There were lots of disturbances while preparing for the exam but consistency and determination to pass the exam has indeed helped me clear the exam. Everyone has their own strategies and plans for studying and clearing exams. Here are few things that…
CPA-BEC Exam STRATEGY Everyone has a different style of learning. There is a saying that your mind imitates what you see and this is what I am, a visual learner. I attended live classes of BEC at Simandhar education and then I went through Becker’s lecture. It helped me understand concepts better. Becker’s skills practice helped me a lot during my studies. They explained the topic in a very brief and crisp form, which helped…