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CPA COURSE

Certified Public Accountant

The qualification that puts you in demand

Why you should choose this course?

The CPA license is the leading professional qualification in the world for accountants and auditors. It is recognized around the world by the business community. For more information about the CPA Preparatory Program that we provide in Palestine, please contact Dr. Fadi Kattan. He will send you full information about the program and the timing of the next available course. Check our web site regularly for updates and schedules.

Why you should choose this course?

In addition to the typical accounting functions, there are many specialty disciplines:
Ensuring that financial statements properly reflect the financial performance of the company.
Recommending savings, investment, and tax options to eliminate debt, control expenses, minimize tax burdens, and optimize investments.
Assessing the effectiveness of an entity’s control structure either as an employee or an outside consultant. These professionals are in high demand as a result of new corporate governance regulations.
Designing, integrating, and implementing advanced software systems, acting as a bridge between hardware/software and organizational goals.

Preventing, detecting, and investigating financial fraud such as embezzlement, securities fraud, tax evasion, and money-laundering schemes. Demand for this specialty has grown significantly as a result of recent corporate scandals.

Companies adopting International Financial Reporting Standards (IFRS) need accountants to help reconcile IFRS with U.S. GAAP. Professionals with knowledge of U.S. GAAP who work well in an international environment are increasingly in demand.
Addressing how companies can be both environmentally responsible and profitable. This includes focusing on a variety of projects like environmental compliance audits and managing and preventing claims and disputes.

Providing a variety of specialized services for companies, including performance management, financial planning, and strategy and operations planning.

Evaluating business data, identifying trends, and participating in formulating the long-term strategy of a firm.

Processing journal entries, performing account analysis and reconciliation, and preparing payroll, sales, and use tax, and other local tax filing.

Who gives the CPA exam?

The CPA Exam is set by the American Institute of CPAs (AICPA), the leading professional organization for accountants, auditors and tax professionals in the United States.

The exam is given by the AICPA, but the exam is administered individually by each state in the US. This means that the administrative rules for the exam are different in different states, but the exam itself is constant between states.

CPA exam topics?

The CPA Exam is made up of four parts. The parts may be taken one at a time, but all four parts must be passed within an 18-month period. This means that the fourth part must be passed within 18 months of the day the first part was passed. The four parts of the exam are listed below along with the length of each exam. 

1

Auditing and Attestation (AUD)

  • Duration: 4 Hours
  • Format: 50% MCQ + 50% Simulations

2

Financial Accounting and Reporting (FAR)

  • Duration: 4 Hours
  • Format: 50% MCQ + 50% Simulations

3

Regulation (REG)

  • Duration: 4 Hours
  • Format: 50% MCQ + 50% Simulations

4

Business Environment and Concepts (BEC)

  • Duration: 4 Hours
  • Format: 50% MCQ + 35% Simulations + 15% Written tasks

Exam Format and Passing Scores

The exam is a computer-based exam. This means that the questions will be delivered via computer and answers will be entered directly into the computer. This is the case for the multiple-choice questions as well as the simulations and written tasks questions.

All of the parts of the exam will include multiple-choice questions. In addition, all of the parts will include a case study component called simulations. Simulations provide a set of facts and require the candidate to complete tasks related to that information and also to access authoritative literature related to the information. More information about the simulations and sample simulations will be provided to candidates during their preparation process. The BEC part will include written-tasks questions as well.

A candidate must pass all four sections within 18 months, earning a minimum score of 75 on each part.

OBTAINING THE CPA LICENSE

After passing all of the exams, a candidate must demonstrate that s/he has the necessary experience. Though this experience requirement is determined by each state individually, most states require two years of public accounting experience in audit or taxation. It is also important to notice that for licensing, most states require the candidate to have earned a minimum of 150 university credit hours to apply for the license.

Eligibility Requirements for Non-USA Citizens

Candidates educated outside of the United States may be eligible to sit for the exam in a state of their choice.  Candidates who earned degrees from foreign institutions must have their educational credentials evaluated by a generally accepted evaluation service provider such as the NASBA International Evaluation Services (NIES). 

  • NASBA – International Evaluation Services
    150 4th Ave. N., Suite 850
    Nashville, TN 37219
    Tel: (615) 277-9077
    Fax: (615) 324-1268
    Email: [email protected]

You can also visit the website of the National Association of State Boards of Accountancy (NASBA) for more information about eligibility requirements. 

We will help you select a state, apply for foreign credentials evaluation, and register for the exams.

When can the CPA exam be taken?

Continuous Testing for CPA Exam candidates began on July 1, 2020.

Where may the CPA exam be taken?

The CPA exam can be taken in any of the following countries:

  • USA – All candidates.
  • The Middle East: Bahrain, Egypt, Jordan, Lebanon, Kuwait, and UAE. Residents of Jordan can sit for exams in these countries.
  • Europe: England, Scotland, Ireland and Germany. Open to all candidates regardless of nationality.
  • Other countries with certain residency requirements. Check the NASBA website for more information about the other countries

Are you ready?

Contact us today to learn more about the next step to become a Certified Public Accountant.