Becoming a CPA is often a challenging journey, but it reaps big rewards for those who choose to pursue it. The Uniform CPA Examination protects the public interest by helping to ensure that only qualified individuals become licensed as U.S. Certified Public Accountants (CPAs). Individuals seeking to qualify as CPAs – the only licensed qualification in accounting – are required to pass the CPA Examination.
|Study Unit1: The Financial Reporting Environment||Study Unit1: Engagement Responsibilities|
|Study Unit2: Financial Statements||Study Unit2: Professional Responsibilities|
|Study Unit3: Statement of Cash Flows||Study Unit3: Risk Assessment|
|Study Unit4: Income Statement Items||Study Unit4: Strategic Planning Issues|
|Study Unit5: Financial Statement Disclosure||Study Unit5: Internal Concepts and Information Technology|
|Study Unit6: Cash and Investments||Study Unit6: Internal Control—Sales-Receivables-Cash Receipts Cycle|
|Study Unit7: Receivables||Study Unit7: Internal Control—Purchases, Payroll, and Other Cycles|
|Study Unit8: Inventories||Study Unit8: Responses to Assessed Risks|
|Study Unit9:Property, Plant, Equipment, and Depletable Resources||Study Unit9: Internal Control Communications and Reports|
|Study Unit10: Intangible Assets and Other Capitalization Issues||Study Unit10: Evidence—Objectives and Nature|
|Study Unit11: Payable and Taxes||Study Unit11: Evidence—The Sales-Receivables-Cash Cycle|
|Study Unit12: Employee Benefits||Study Unit12: Evidence—The Purchases-Payables-Inventory Cycle|
|Study Unit13: Noncurrent Liabilities||Study Unit13: Evidence—Other Assets, Liabilities, and Equities|
|Study Unit14: Leases and Contingencies||Study Unit14: Evidence—Key Considerations|
|Study Unit15: Equity||Study Unit15: Evidence—Sampling|
|Study Unit16: Business Combinations & Financial Reporting||Study Unit16: Reports—Opinions and Disclaimers|
|Study Unit17: Derivatives, Hedging, and Other Topics||Study Unit17: Reports—Other Modifications|
|Study Unit18: Governmental Accounting||Study Unit18: Review, Compilation, and Special Reports|
|Study Unit19: Governmental Reporting||Study Unit19: Related Reporting Topics|
|Study Unit20: Not-for-Profit Concepts||Study Unit20: Government Audits|
|Study Unit1: Ethics and Professional Responsibilities||Study Unit1: Corporate Governance|
|Study Unit2: CPAs and the Law||Study Unit2: Microeconomics|
|Study Unit3: Agency||Study Unit3: Macroeconomics|
|Study Unit4: Contracts||Study Unit4: Globalization|
|Study Unit5: Sales and Secured Transactions||Study Unit5: Financial Risk Management|
|Study Unit6: Negotiable Instruments and Related Topics||Study Unit6: Forecasting Analysis|
|Study Unit7: Debtor-Creditor Relationships||Study Unit7: Corporate Capital Structure|
|Study Unit8: Regulation and Certain Business Entities||Study Unit8: Working Capital|
|Study Unit9: Corporations||Study Unit9: Short-Term Financing and Capital Budgeting|
|Study Unit10: Federal Tax Legislation, Procedures, and Planning||Study Unit10: Capital Budgeting II and Corporate Performance|
|Study Unit11: Gross Income||Study Unit11: IT Roles, Systems, and Processing|
|Study Unit12: Deductions||Study Unit12: IT Software and Data Organization|
|Study Unit13: Tax Computations||Study Unit13: IT Networks and Electronic Commerce|
|Study Unit14: Property Transactions||Study Unit14: IT Security|
|Study Unit15: Corporate Taxable Income||Study Unit15: Strategic Planning and Budgeting Concepts|
|Study Unit16: Corporate Tax Computations||Study Unit16: Budget Components|
|Study Unit17: Corporate Tax Special Topics||Study Unit17: Quality Considerations and Benchmarking|
|Study Unit18: S Corporations||Study Unit18: Responsibility Accounting and Other Topics|
|Study Unit19: Partnerships and Exempt Organizations||Study Unit19: Costing Fundamentals|
|Study Unit20: Estates, Trusts, and Wealth Transfer Taxes||Study Unit20: Costing Systems and Variance Analysis|
The AICPA and the National Association of State Boards of Accountancy (NASBA), in consultation with state boards of accountancy, the Board of Examiners, and other major stakeholders, spent two years studying an international examination delivery program. The result is the international administration of the Uniform CPA Examination (CPA Exam), which utilizes the state board licensure process and the current examination structure. The AICPA, NASBA and Prometric are providing the same services as they do for the domestic program, so that the Exam and the licensure process will be the same for international examinees as it is for examinees within U.S. jurisdictions.
Beginning in August 2011, candidates who qualify will be allowed to schedule their CPA Exam at select international locations. It will be the same examination offered in the U.S. and will be given in English only, regardless of location.
Beginning on January 1, 2013, the CPA Exam will be offered during the first two months of the testing window, the same as candidates sitting for the exam in the 55 state board jurisdictions; that is, during the months of January and February, April and May, July and August and October and November.
The exam is offered at selected Prometric testing centers in Bahrain, Kuwait, Japan, Lebanon, United Arab Emirates (UAE), and Brazil as of February 2012. Additional information, including specific locations and schedules, will be posted to the Exams website at www.aicpa.org/cpa-exam as information becomes available.
The international locations have been and will be evaluated based on a set of criteria, including:
1) Volume demand as demonstrated by candidates from those countries taking the exam in the United States,
2) Ability to deliver the Exam without legal obstacles,
3) Security threat to the Exam (both physical security at test center and intellectual property security of Exam content) assessed at levels equivalent to those presented
4) Existence of established Prometric test centers.
At this time, countries that have not met those criteria to the combined satisfaction of NASBA, the AICPA and Prometric are not under consideration as testing locations. While we appreciate the desire for the Exam to be available in many locations, we can best serve the State Boards of Accountancy and the accounting profession by ensuring a safe, reliable and valid Exam.
In order to qualify to take the CPA Exam outside the U.S., candidates will have to first establish their eligibility through application to a state board participating in the International CPA Examination Administration Program. For specific instructions on how to apply to take the CPA Examination, please visit the CPA Exam section of the NASBA website.
International testing requires some additional procedural steps that you will be required to follow. For specific information on the international registration process, please visit the International Section of the NASBA website.
In addition, candidates electing to sit in an international location will be required to:
• Make a commitment to seek CPA licensure upon passing the CPA Examination, and thereafter maintain their status as licensees,
• Meet citizenship/residency requirements,
• Provide demographic information, and
• Pay additional fees.
Once a candidate has completed the international registration process, the next step will be to contact or visit the Prometric website to schedule the exam in an international location.
An additional fee per section is required, and is non-refundable. Please refer to NASBA’s website for a breakdown of these fees.
U.S. citizens and permanent residents living abroad, and citizens and long-term residents* of the countries in which the Exam will be administered may sit for the Exam internationally, with some exceptions in the Middle East. Here are some general guidelines to keep in mind:
• Citizens, permanent residents and long-term residents of the selected testing countries can sit for the Exam in their country of residence (proof of long-term residency status will be required upon registration and on the day(s) you take the Exam).
• Those on short-term tourist or transit visas may not sit for the Exam internationally, but are still welcome to sit for the Exam in the U.S.
• Citizens, permanent residents and long-term residents of Egypt, Qatar, Oman, Saudi Arabia, Jordan, and Yemen (starting February 2012) may sit for the Exam in Bahrain, Kuwait, Lebanon and the UAE.
• Citizens and long-term residents of Brazil, Argentina, Venezuela and Colombia may sit for the Exam in Brazil.
* ”Long-term” refers to the categories of residency that include non-citizens residing in testing countries for the purpose of work, study, or governmental assignment, or as dependents of citizens or long-term residents. In addition, long-term residents may obtain valid national identification cards, while non-residents and tourists cannot (note that in some countries, non- citizen residents are required to carry this identification at all times).
All candidates, including U.S. citizens living abroad, must present their passport as their primary identification.
With regard to citizenship and residency requirements for testing, the AICPA, NASBA and Prometric must operate testing centers under the strictest of security measures, guarantee data integrity and security, and protect candidates’ privacy. The three Exam partners decided that citizenship and residency requirements, and the integrity of certain kinds of proof of identification, provide a needed layer of security and allow us to better serve Exam candidates.
The number of candidates in a particular geography was only one of the criteria used to determine the international locations for the Exam. For the first wave of countries, we chose based on the above criteria.
We decided to focus on a small number of countries and expand slowly so that we can gauge success and ensure that all candidates are given the same opportunity to receive a thorough and fair Exam, no matter where they test. It is also worth noting that at this time, there is no specified timeframe for expanding the program beyond the five initial countries.
If you register through a non-participating jurisdiction, you may take the test only at approved testing centers in the U.S., Guam, Puerto Rico, or the Virgin Islands. Please check with NASBA to see if your jurisdiction is participating in the international administration program.
As of May 2, 2011, participating state boards of accountancy have begun accepting registrations. Please refer to NASBA’s website for an updated list of participating state boards of accountancy.
No. Once an NTS is obtained for one of the international testing centers, it cannot be interchanged with an NTS for any of the U.S. testing centers. You would have to notify NASBA to change back to a domestic NTS.
There is no provision for withdrawing from the Examination and/or requesting an extension of your current NTS. Application and/or examination fees are NOT refundable. If your NTS expires prior to taking the Examination section, or you miss a scheduled testing appointment, you will not be able to reschedule or receive a refund on any of the fees paid. You will have to reapply for the examination and pay the appropriate application/registration and examination fees.
Beginning January 1, 2013, scores for international candidates will be released on the same timeline as domestic scores. A summary of the scoring timeline is provided in the following table:
|Day 1 – 20||11 business days following day 20 of the testing window|
|Day 21 – 45||6 business days following day 45 of the testing window|
|Day 45 – Close of Window||6 business days following the close of the testing window|
|After Close of Window||6 business days after receiving all scoring data for the testing window|
* Records received by AICPA
Note: ‘Day in Testing Window’ refers to the date AICPA receives the test result, not the test date. Additionally, some candidates who take the BEC section might receive their scores approximately one week following the target release date due to additional analysis that might be required for the written communication tasks. For more details, please refer to the score release timeline FAQ on the Exams website.
Information and updates about international testing will be posted to the Exams website at www.aicpa.org/cpa-exam as more information becomes available.
Candidates should visit the NASBA website at any time at www.nasba.org for the most current information about examination eligibility and the application process.
The AICPA, NASBA, and Prometric neither endorse nor support any third party review course providers. It is strongly recommended that you review the resources available on the CPA Exam website, read the Candidate Bulletin, study the content areas in the Content Specification Outlines / Skill Specification Outlines, and take the tutorials and sample test before taking the Exam.
For eligibility, scheduling, or pricing inquiries, please contact Rona on +971 2 4952814 or firstname.lastname@example.org