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Exam fees depend upon the jurisdiction where you choose to become licensed. You can find details by referring to your specific Board of Accountancy.
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Reference: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/FAQ/Pages/computer_faqs_2.aspx
Certified Public Accountant consists of four-part, 16-hour CPA Exam is a masters-level professional certification. Candidates are supposed to pass all four-part assessment with in time frame of 18 months in order to qualify for a CPA license.
The four parts are
This exam is designed to test the minimum knowledge and skills required of a CPA. The Exam is managed by three main partners:
Before taking this exam, candidates should have a solid knowledge of the topics outlined in this preparation guide.
The Certified Business Manager (CPA) is a global, competency-based credential that is designed to validate the skills and knowledge of accountancy candidate who can operates at a global market.
After passing this exam, candidates get a certificate from AICPA that helps them to demonstrate their proficiency in managing Business to their clients and employers.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Federal Taxation of Property Transactions | 5–15% | - Property disposition and recognition of gain/loss - Basis calculations |
| Topic 2: Federal Taxation of Entities | 15–25% | - S corporations - Estate and trust taxation basics - C corporations taxation - Partnerships |
| Topic 3: Ethics, Professional Responsibilities and Federal Tax Procedures | 15–25% | - Federal tax procedures - Ethical and professional responsibilities |
| Topic 4: Federal Taxation of Individuals | 15–25% | - Gross income inclusions and exclusions - Deductions and credits - Individual tax computations |
| Topic 5: Business Law | 20–30% | - Business structure and regulation - Contracts - Commercial transactions (UCC) - Agency |
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CPA Financial Accounting and Reporting
CPA Regulation
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