Also, read Best 10 Short Term Professional Courses after Graduation

US CPA Coursehttps://nasba.org/exams/cpaexam/

A CPA (Certified Public Accountant) is the highest standard of competence in the field of Accountancy across the globe. The exam is administered by the AICPA (American Institute of Certified Public Accountants), which is the world’s largest Public Accounting Body.

CPA Exam 2024 Process

To embark on your CPA journey, it’s crucial to understand the process and requirements. The CPA Central online application system undergoes periodic updates, and candidates should be aware of any downtime or changes. The exam schedule for 2024, detailed in the provided image, outlines the testing windows and key dates.

Changes in Exam Pattern (2024)

The CPA Evolution initiative in 2024 brings notable changes to the exam pattern. These changes include the introduction of a research task-based simulation, the replacement of Excel with a JavaScript-based spreadsheet, the removal of the written communication task, and a shift from multistage adaptive testing to linear test design. These adjustments aim to enhance the assessment of research and critical thinking skills.

Brief History of CPA

The CPA designation, administered by the American Institute of Certified Public Accountants (AICPA), has a rich history dating back to the formation of the American Association of Public Accountants in 1887. The Sarbanes-Oxley Act of 2002, following the Enron Corporation scandal, brought about stringent regulations, reshaping the accounting industry and elevating the demand for certified accounting professionals.

Statistical Insight:

• Over 1,000 candidates participated in the CPA Exam pilot in India in the last year.
• 85% of CPA credential holders in India reported career advancement within the first year of certification.
• The average salary increase for CPAs in India is approximately 25%, showcasing the financial returns of earning this prestigious designation.

Understanding the financial landscape and the global impact of the CPA credential makes pursuing this certification not just an educational endeavour but a strategic investment in one’s professional future.

Also, read Few Quick Tips to Help You Find the Best Courses After 12th

CPA Eligibility Criteria

Eligibility criteria vary by state and country, but generally include a minimum of a bachelor’s degree, 150 semester hours of college coursework, and 1-2 years of experience under a CPA. Indian candidates must be members of ICAI, ICMAI, or ICSI, or possess an MBA or M.Com degree.

CPA Exam Sections

The CPA Exam comprises four sections, each with a 4-hour time limit: AUD, BEC, FAR, and REG. Candidates must complete all sections within an 18-month testing window, with a 15-minute break allowed after the third testlet. The exam assesses various skills, including auditing and attestation, business environment and concepts, financial accounting and reporting, and regulation.

CPA Exam Structure

The exam structure involves multiple-choice questions (MCQs), task-based simulations (TBSs), and written communication tasks (WCTs). The weightage of these components varies by section, and the exam assesses skills in remembering, understanding, application, analysis, and evaluation.

Calculating CPA Score

The CPA exam uses a scoring scale of 0 to 99, and candidates must score a minimum of 75 to pass. The total score is a weighted combination of scaled scores from MCQs, TBSs, and WCTs.

End Note

As the CPA Exam undergoes transformative changes in 2024, aspiring CPAs must approach their journey with a blend of preparation, adaptability, and commitment. By understanding the nuances of the exam structure, eligibility criteria, and embracing the CPA Evolution initiative, candidates can position themselves for success. The road to becoming a CPA is challenging, but with the right knowledge and strategic planning, aspiring CPAs can confidently navigate the evolving landscape and achieve the prestigious designation of a Certified Public Accountant.

Also, read  Top 10 Highest Paying Finance Jobs in India 2023

Corrections in the application can be done from 21 to 22 April 2025, hall ticket will be available for download from 15 May 2025 onwards.

Students who take up IISER IAT 2025 application submission successfully can only download hall tickets for the exam.

Last date for document upload is June 16, 2025.

What is IISER IAT 2025?

The full name is the Indian Institute of Science Education and Research Aptitude Test.

It is known as IISER IAT in the shorter version, it is a national-level exam conducted by one of the IISERs.

IISERs are located in various parts of India.

The exam is conducted in online mode and questions related to biology, physics, chemistry and maths are asked in the test.

Subjects in the plus two must be from the science stream – maths/biology, physics and chemistry.

Candidates must have passed the Class XII (or equivalent) examination in 2023 or 2024 or 2025 with science stream from any board recognized by the Council of Boards of School Education (COBSE) in India.

Foreign Nationals need to upload an equivalence certificate issued by the Association of Indian Universities unless they have passed the Class XII or equivalent level examination in 2023 or 2024 or 2025 with science stream from any board recognized by the Council of Boards of School Education (COBSE) in India.

The equivalence certificate must be uploaded while submitting the IISER IAT 2025 Application Form under “Please upload copy of document supporting your claim of Foreign National (You’ll need to produce original when necessary)”.

For admissions to the following programs, candidates must have Mathematics during their Class XII (or equivalent): 5-year BS-MS in Computational and Data Sciences program at IISER Kolkata, 4-year B. Tech. program at IISER Bhopal, 4-year BS in Economic Sciences program at IISER Bhopal and 4-year BS in Economic and Statistical Sciences program at IISER Tirupati.

IISER IAT 2025 application fee

IISER IAT 2025 application fee is to be paid by the applicant during the submission of the IISER IAT 2025 application form. The application portal opened on March 10, 2025.

• • Rs. 2,000/- for candidates applying under General, EWS, OBC, and OBC-NCL categories.

• • Rs. 1,000/- for candidates applying under persons with disabilities (PwD), persons registered as Kashmiri Migrants/Kashmiri Pandits/Kashmiri Hindu Families (Non-Migrant) and SC/ST category.

• Rs. 12,000/- for candidates applying under Foreign National category.

IISER IAT 2025 application submission process?

IISER IAT 2025 application submission process has to be done online. The official website has to be visited to submit applications. URL to access the official website is ‘https://iiseradmission.in/‘

1. The URL mentioned above has to be typed into the browser and then it should be allowed to download.
2. Once the webpage is available, candidates can click Apply For IAT 2025 under Aptitude Test menu.
3. This will open another webpage with URL ‘https://iiseradmission.in/examination/apply.html’
4. Once the webpage with above URL opens, candidates can click registration button and create an account with username and password.
5. After the account is created, candidates can login and start IISER IAT 2025 application submission process, filling the application form.
6. IISER IAT 2025 Registration fee has to be paid and the application form has to be submitted.
7. Post submission confirmation, candidates can download the confirmation and take a print out.

Hall ticket

The procedure to download a hall ticket is online. The official website of the exam has to be visited to do the same. URL for the official website is ‘https://iiseradmission.in/’

After the exam

Students who have passed IISER IAT 2025 with the required qualifying marks can appear for further process.

The process that lies ahead comprises counselling and document verification.

Those who get a seat during the counselling can accept and pay the fees and join the course.

Also Read – Top 20 Management Colleges in India in 2024: 2024 NIRF Ratings