Career after CPA Certification
With global recognition, a CPA can always find the best place to work anywhere in world and a salary with at least 30 – 40% more than the other Accounting Professionals.
Members
Salary Difference
Position | Avg Salary |
Internal Auditor
|
$83,000 |
Senior Auditor
|
$102,250 |
Manager
|
$132,250 |
Chief Audit Executive
|
$210,500 |
Director
|
$158,750 |
Controller
|
$138,250 |
Chief Financial Officer
|
$236,500 |
Source: www.payscale.com |
CPA Certification Course in Muscat
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 Course Syllabus:
Core (Compulsion) Papers: Three
- Financial Reporting (30-40%)
Select Balance Sheet Accounts (30-40%)
Select Transactions ( 25%-35%)
Duration: 4 Hours Exam
Question: Pattern: 50 multiple choice questions (50% weightage)
7 Task-based simulations (TBSs) (50% weightage).
- Ethics, Professional Responsibilities and General Principles (15-25%)
Assessing Risk and Developing a Planned Response (25-35%)
Performing Further Procedures and Obtaining Evidence (30-40%)
Forming Conclusions & Reporting (10-20%)
Duration: 4 Hours Exam
78 Multiple Choice Questions (MCQs) (50% weightage)
7 Task-Based Simulations (TBSs) (50% weightage).
- Ethics, Professional Responsibilities and Federal Tax Procedures (10-20%)
Business Law (15-25%)
Federal Taxation of Property Transactions (5-15%)
Federal Taxation of Individuals (22-32%)
Federal Taxation of Entities(Including Tax Preparation) (23-33%)
Duration: 4 Hours Exam
72 Multiple Choice Questions (MCQs) (50% weightage)
8 Task-Based Simulations (TBSs) (50% weightage).
Discipline (Any One Optional) out of three
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Business Analysis (40-50%)
Technical Accounting and Reporting (35-45%)
State and Local Governments (10-20%)
Duration: 4 Hours Exam
50 Multiple Choice Questions (MCQs) (50% weightage)
7 Task-Based Simulations (TBSs) (50% weightage)
-
Information Systems and Data Management(35-45%)
Security, Confidentiality and Privacy (35-45%)
Considerations for System and Organization Controls (SOC) Engagements (15-25%)
Duration: 4 Hours Exam
82 Multiple Choice Questions (MCQs) (60% weightage)
6 Task-Based Simulations (TBSs) (40% weightage)
- Tax Compliance and Planning for Individuals and Personal Financial Planning (30-40%)
Entity Tax Compliance (30-40%)
Entity Tax Planning (10-20%)
Property Transactions (disposition of assets) (10- 20%)
Duration: 4 Hours Exam
68 Multiple Choice Questions (MCQs) (50% weightage)
7 Task-Based Simulations (TBSs) (50% weightage)
Comparison with Other Professional Certifications
Certification | CPA US | CMA US | ACCA UK | CIA US |
Administered By | American Institute of Certified public Accountant-AICPA USA | Institute of Management Accountants- IMA USA | Association of Chartered Certified Accountants – ACCA UK | Institute of Internal Auditors – IIA USA |
No. of Papers/Exams | 4 | 2 | 13 | 3 |
Duration | 12-18 Months | 6-9 Months | 2-3 Years | 6-12 Months |
Paper pattern | MCQs & Task based Simulations | MCQs & Essay type questions | MCQs, Scenario Based & Case Studies | MCQ |
Syllabus | Auditing, Taxation, Financial Reporting, Costing, Economics, IT Security | Management Accounting, Costing, Financial Management | Auditing, Accounting, Taxation, Costing, Corporate Law, Financial Management | Internal Audit, Internal Control, Business Acumen, IT & Security |
Exemptions | No Exemptions | No Exemptions | Upto 9 Papers Exemption | No Exemptions |
Upcoming CPA Classes
Class Name | Start Date | Class Time | Days of the week | |
---|---|---|---|---|
CPA-FAR | 20-Apr, 2021 | 7:00 PM | Tuesday |
|
CPA-BEC | 17-May, 2021 | 7:00 PM | Monday |
|
Who should become a CPA?
Lay a foundation for continued Improvement and Advancement in your Career
Demonstrate your proficiency with Internal Staff and External Clients
Develop your knowledge of best practices in the Industry
Distinguish yourself from your Peers
Job positions after CPA
- Internal Audit Director
- Tax Manager
- Vice President, Finance
- Financial Controller
- Chief Accountant
- Finance Manager
- Finance Director
- Chief Financial Officer
- Chief Executive Officer
- Chief Audit Executive
- Commercial Director
Why Delphi?
Certified & Professional Trainers
Our faculties are qualified & industry experts with significant experience in their domain.
Live Instructor Led Training
We conduct live classes through GoToMeeting, Zoom and other live meeting software.
Cloud e-learning portal
Get live class notifications, view class recordings, or practice questions all in one access.
Flexible Batch Timings
All our batch schedules are designed to support work while you study principle.
Placement Assistance
We guide you to benefit from the newly acquired global professional certification.
Reputed Study Materials
We provide internationally reputed study materials with our customized success slides.
Exam Pass Guarantee
We guarantee you’ll pass your exam on the first attempt.
How to Become a CPA?
CHECK YOUR ELIGIBILITY
Contact our experts, do your Academic evaluation, check your educational requirements & eligibility to appear for the CPA Exam and submit your application.
START PREPARATION
Start your CPA Exam preparation with our Instructor led live classes and practice questions through our e-learning portal.
SCHEDULE EXAMS
Appear for the 4 Papers of CPA exam in which our consultant will help you to schedule the examinations in your nearest Prometric Testing Center and complete all the formalities.
PASS THE CPA EXAM AND APPLY FOR LICENSE
Pass the 4 papers of the CPA Exams & ethics exam. Obtain required work experience and apply for License.
CPA Course Trainer
Shyam Sarrof
Shyam is a versatile scholar and trainer, possessing a hard-core Advisory, Control & Risk Management experience of more than 22 years.Read More
Avijit Goswami
Mr. Avijit Goswami, an educationist possessing the qualities of a leader has come back to India to launch his education venture Read More
CPA Certification in Muscat (Highlights)
Self Paced
ELearning at your own pace
- 160+ Hours of Recorded Videos
- Study Material & Exam Kits
- Access To Delphi e-Learning Portal
- 6,000+ Exam Success Slides Access
- 5,000+ Practice Questions
- 24*7 Support
Live Online
Live Instructor Led Online Classes
- 160+ Hours of Live Online training
- Study Material & Exam Kits
- Access To Delphi e-Learning Portal
- 6,000+ Exam Success Slides Access
- 5,000+ Practice Questions
- 24*7 Support
- Mock Tests
- Free Career Guidance
- Revision Class before Exam
In-house Live
Corporate or One to One Training
- 160+ Hours of Live training
- Study Material & Exam Kits
- Access To Delphi e-Learning Portal
- 6,000+ Exam Success Slides Access
- 5,000+ Practice Questions
- 24*7 Support
- Mock Tests
- Free Career Guidance
- Revision Class before Exam
CPA Course FAQs
Frequently asked questions for CPA Certification in Muscat
CPA Eligibility Requirements?
CPA stands for Certified Public Accountant and a designation awarded by AICPA to the individuals, who have passed the Uniform CPA exam and meeting licensing requirements in the state where they want to practice
To be eligible to appear for the US CPA exam, one must have 120 hours credits. Generally each year of graduation is converted into 30 hours of credits thereby adding 90 credits for 3 years. If you are a first division from NAAC, you will get additional 30 Hours credits. If you are a 2 years M. com or MBA, you will get 60 credit more. Few States recognize CA / CS / CWA as well for extra credit hours.
Each of the US states has different rules and regulations with regard to the CPA examination eligibility and license eligibility.
When a student selects a specific state for exam and/or license, approval is subject to the terms and conditions of that specific state. Delphi being an experienced CPA course provider can always support you the most. Please contact our Course consultant at [email protected]
CPA Exams:
Both US residents and foreign nationals who meet the requirements of a particular state board can take the CPA exam.
There are four papers in the CPA exam:
-
Financial Accounting and Reporting (FAR)
Auditing and Attestation (AUD)
Business Environment and Concepts (BEC)
Regulation (REG)
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The AICPA develops, maintains, and scores the Exam
The National Association of State Boards of Accountancy (NASBA) manages the National Candidate Database
Prometric is the company that delivers the Exam at its authorized test centers
The Exam is provided on behalf of Boards of Accountancy, which issue CPA licenses.
The exam has 324 multiple-choice questions, 20 simulation questions, and 3 written communication (essay) questions.
4 Hours for each paper total 16 Hours
You need a score minimum 75 on each of the four papers to pass the CPA exam.
There is no negative marking for CPA Exam.
Pensions, consolidation accounting, and other FAR topics are complex. You need to identify the purpose of the question quickly so you can answer questions in the time allowed.
You may find the BEC multiple-choice topics to be the easiest part of the CPA exam.
Many BEC topics are clear and easy to understand. General business and economic topics are straightforward, and you may learn about these topics in other college courses.
CPA has 4 Papers whereas CA has 18 papers. CPA can be completed within less than a year time whereas CA takes 3 to 5 years to complete.
CPA has 4 Papers whereas ACA has 13 papers.
A CFA generally analyzes financial reports—notably financial statements, while a CPA is most often the one that puts together or audits those reports. CFAs are best known for investment analysis and wealth planning, and CPAs tend to be associated with taxes, audits, and accounting
CPA exam fee is appx. $1000 depending on the state and International testing fee is appx. $1500. Additionally, $225 for evaluation. Overall total cost comes to appx. $ 2750. This does not include Training cost.
Candidate is required to pass all four sections of the CPA Exam within an 18-month period. The sections can be taken individually and in any order. Credit for any section passed shall be valid for 18 months from the actual date the examination sections were taken.
Candidate must first decide on the jurisdiction to which they can apply. After selecting State board / jurisdiction, candidate can obtain application materials and submit their completed applications as directed.
You will take a different but equivalent Exam. The questions presented to you are drawn from a pool of test questions according to defined specifications. Although you take different Exams, the specifications ensure that the results are comparable.
Section | Q1 | Q2 | Q3 | Q4 | Cumulative |
---|---|---|---|---|---|
AUD | 47.97% | 65.29% | 56.89% | 47.50% | 52.84% |
BEC | 61.76% | 76.92% | 69.89% | 60.77% | 65.56% |
FAR | 46.37% | 62.86% | 55.67% | 43.53% | 49.98% |
REG | 55.42% | 75.97% | 66.12% | 58.00% | 62.29% |
You only need basic computer skills to take the Exam. You are expected to be familiar with the use of a mouse and keyboard, and with basic spreadsheet and word processing functions. You must also be able to use a four-function online calculator
No. This is a computer-based Exam.
Beginning July 1, 2020. Under the new Continuous Testing model, candidates will have the ability to take the Exam year-round, without restriction, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the Exam.
We recommend a total of 800 hours to 1,000 hours of self-study including the classes spread over approximately 9 to 12 months.
The AICPA contracts with third parties to produce multiple-choice questions (MCQs), task-based simulations (TBSs), and written communications (WCs). Exam questions are created and vetted by experts in the fields of accounting, psychometrics, and test development.
Through the development process, these experts ensure that testlets and exam versions will be graded and scored equitably on a comparative basis. The AICPA is ultimately responsible for the creation and maintenance of the CPA Exam.
The CPA Exam is administered at prometric test centers in partnership with the National Association of State Boards of Accountancy (NASBA). After you apply to your state board of accountancy, you will schedule and sit for your exam with Prometric.
The CPA Exam is scored in a largely automated process. MCQs, TBSs, and WCs are all graded electronically; however, WCs may be reviewed and regraded by human scorers if a candidate’s score is very close to 75. The human grading process can push the release of a BEC score back by a week or so.
The minimum CPA Exam passing score is 75 points, but that doesn’t necessarily mean you need to answer 75% of questions correctly in order to pass.
The CPA Exam is what is known as a criterion-referenced test, which means every candidate’s performance is measured against established standards to determine whether the candidate has demonstrated the level of knowledge and skill represented by the CPA passing score.
The CPA Exam is not curved in the traditional sense. Every candidate is held to the same standard. The AICPA uses Item Response Theory (IRT) to figure out the relative value of MCQs and TBSs. It rates questions according to three statistics:
-
Difficulty – whether the question is generally easier or more difficult for candidates
Discrimination – how well the question differentiates between more able and less able candidates
Guessing – the chances of candidates answering the question correctly just by guessing
The calibration for the automatic grading of WCs is done using the input from a network of volunteer CPA readers. This process ensures that scores from different exam forms are comparable. Again, if a candidate’s BEC score is close to 75, WCs may be restored by human graders.
Using the collected data, the AICPA is able to extrapolate scores from different exam forms that accurately represent candidates’ knowledge and skill levels. These scores are comparable because, to put it simply, difficult questions are worth more points and easier questions are worth fewer. It is entirely possible for two candidates to answer the same number of questions correctly and have slightly different scores.
The scores from each testlets are then multiplied by the policy weights:
-
50% for multiple-choice and 50% for simulations for AUD, FAR, and REG
50% for multiple-choice, 35% for simulations, and 15% for written communications for BEC
Finally, the aggregate score is mapped to the 0 to 99 scale used for score reporting.
A Notice to Schedule (NTS) is the authorization sent by NASBA) for an applicant to make an appointment with the testing provider once the examination fees is paid. Once the CPA Exam application has been processed, and a candidate is eligible to take CPA Exam, the NASBA will issue a Notice to Schedule (NTS) to the candidate.
Your NTS will be valid for a specific period of time. This time varies from jurisdiction to jurisdiction. In most of the states, it is valid for 6 months whereas for a few it has 9 months validity. Candidate must sit for the examination before his / her NTS expires. The expiration date will be mentioned on the NTS.
Yes, you can reschedule the Examination
There is no limit on retaking CPA Examination. However, Examination Fee needs to be paid every time.
Yes, Delphi acts as a complete guide for those aspiring to achieve the CPA qualification.
Delphi promises success in your CPA Exam, however, if you are unsuccessful, you can avail the pass promise and attend the next batch free.
CPA License
The CPA license requirements vary from state to state. Every state board of accountancy has a different set of requirements. Below are the requirements to obtain CPA license.
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In general, many states ask for 150 credit hours in some specific courses from a university or an accredited institute under NASBA.
The candidate should pass the Ethics exam.
Must have 2,000 hours of work experience in taxation, auditing, accounting and management consultancy.
If candidate is appearing for exams in any country other than the US they will need to take the license within 3 years of passing the CPA exam or else credits will lapse.
Delphi provides evaluation and licensing assistance for CPA. The CPA aspirant must have 2,000 hours of work experience in taxation, auditing, accounting, and management consultancy
US CPA license is required, mainly when somebody wants to be self-employed and practice as a CPA and living in the US.
CPA International Testing
International testing allows U.S. citizens as well as eligible international candidates to take the Uniform CPA Examination (Exam) in select countries. If you’re a non-U.S. citizen, this process allows you to purse the U.S. CPA license. The AICPA, NASBA and Prometric provide the same services for international testing as they do for U.S.-based testing. The Exam and licensure process is the same for international candidates as it is for candidates within U.S. jurisdictions.
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