uscpas information session

8/6/2019 USCPAS Information Session

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U.S. CPA SUCCESSU.S. CPA SUCCESS The benefit of having a CPA

Who is eligible to take the exam? Exam content

Exam procedures

U.S. CPA Prep. Program Instructors

Questions !!


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Why would we want to obtain theWhy would we want to obtain the

U.S. CPA designation?U.S. CPA designation? Will make you much more competitive in the

job market (competitive advantage)

The most widely held and globally recognizedprofessional accounting designation in the world

Highly-regarded professional designation in theinternational business community

Demonstrate to clients and employers that youhave the knowledge, skills and abilities to be acompetent and trusted business advisor


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ContinueContinue the CPA is a brand name that will take about 4 months

of part-time studying, compared to 2 years for an MBA

and 3 years for a law degree it's a very easy technical, primarily multiple-choice

exam, testing few application skills and little integration

of the different subjects

ongoing dues, continuing education requirements, U.S.residency requirement, and even work experience is

NOT required in all states


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ContinueContinue You can take the exams one at a time in

most U.S. cities.

The CPA designation itself is good in all 50 U.S.states. Licensing is unique to each individualstate, but this only applies if you intend to moveto the U.S. AND (not or) sign audit reports. In

any case, you never have to write another exam,but for licensing, they might check youreducation and work experience


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Who is Eligible?

Who is Eligible?

Virtually all ACCAs & CAs (from any country) and

university graduates

Most CGAs, CMAs and CGA/CMA/CA/ACCAstudents

Many undergraduate business students but a degree and

U.S. tax course might be required prior to writing the

exam


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4 Exams4 Exams

1. Auditing and Attestation 4.5

2. Financial Accounting and Reporting 4

3. Regulation 3

4. Business Environment and Concepts 2.5

Hours 14

Offered during testing windows January-February, April-May,

July-August and October-November.


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The U.S. Uniform CPA Exam

The U.S. Uniform CPA Exam

Extended syllabus of required knowledge,

including such topics as microeconomics,

macroeconomics and finance A computer-administered exam offered at

designated Prometric computer testing centres

Includes simulations which test candidate research

skills and require use of reference, spreadsheet,

database and word processing software.


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TestletsTestlets

Groups of questions that are constructed

to appear together.

A testlet is 25 multiple choice questionsOR a simulation.

Exams comprise approximately 3multiple choice testlets and 2 simulationtestlets.


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SimulationsSimulations

assessment of knowledge and skills incontext approximating that found on thejob through the use of realistic scenariosand tasks, and access to normally

available and familiar resources


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SimulationsSimulations

Simulations are condensed case studies

35-45 minutes in length

Set of facts will be provided

Access to authoritative literature provided

Required tasks will be assigned (eg brief memo)

Not in BEC exam


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Exam InformationExam Information

www.uscpasuccess.comwww.cpa-exam.org

www.prometric.com


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Exam ProcessExam Process Apply to state of your choice

Take exams in any order

Arrange appointment with Prometric testing centre

One attempt only allowed at each exam in each

enrolment window

Passes are valid for18 months and then expire if

you have not completed all 4 exams in that time.


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Choosing a StateChoosing a State

Each state is different.

Some require five years of post-secondary

education.

At least an associates degree or professional

designation is required.

Some states require practical experience before or

after passing the exam to get the CPA.

Of those states that do not, there are two often used

by Canadians which do not require work experience.


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Credential EvaluationCredential Evaluation

Use U.S. CPA Success useful links & followinstructions of each state.

Do as early as possible as processing of applications

takes time.


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Locations & Exam FeesLocations & Exam Fees

Virtually all major U.S. cities in virtually all states

ComputerBased Testing at Prometric testing centres

Individually scheduled within windows

Register 5 - 45 + days in advance

Different states have different exam fees (around

$1

50 per exam)


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U.S. CPA Prep ProgramsU.S. CPA Prep ProgramsUNIFORM

4-Day Program

IQEX

3-Day IQEX Program


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Our Programs

Our Programs

No tapes, all live

For Canadians, it is a prep course, not a "review course",

since very few CDNS have had any exposure to U.S.tax, U.S. law, and U.S. fund accounting. We therefore

assume no knowledge whatsoever in these areas, and

start from scratch.

For other areas we provide review materials andencourage you to use knowledge gained in your degree

program.


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44--Day Program

Day Program

Prepare U.S. Uniform CPA exam participants with the

concepts and knowledge necessary to pass the exam

Will discuss all of the necessary technical material Will review hundreds of prior CPA exam questions

Will teach you proven techniques for answering testlet

and simulation questions that will ensure you pass all 4

parts of the exam the first time!


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IQEX ProgramIQEX Program Focuses on all technical areas tested on the exam

Intensively review all of the law, fund and not-for-profitaccounting, taxation and professional ethics syllabusareas (covering 70-80% of the IQEX exam content).

Reviews hundreds of prior U.S. CPA MC questions

Shows you the proven skills and MC exam techniques

Exam Cram opportunity to attempt and obtain feedback

on full-length practice examinations.


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Courses available inT

orontoCourses available inT

oronto Courses are available in winter and

throughout the summer.

Unlimited repeats allowed you pay onlyfor new materials which are updated eachyear.

All Toronto courses are currently held atDays Hotel and Conference Centre Highway 400/401 Jane/Wilson.


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Our Instructors

Our Instructors

In addition to our instructors' combined 50 years relevant

teaching experience, one of our instructors was selected by the

AICPA to mark the examination essays for thousands of

candidates taking the CPA Exam. Our 2007 participants willtruly benefit from our unique expertise which will assist our

course participants with the simulation portion of the exam. Our

instructors will show you the common mistakes made by many

exam candidates, discuss methods of maximizing your grades

on the simulation questions, and answer any individualquestions from our participants.


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Aubrey GlazmanAubrey Glazman Passed all 4 parts of the U.S.

Uniform CPA Exam in 1991

Passed the U.S. CPA

Reciprocity (IQEX) exam(scoring in the top 5% of all

1997 IQEX exam candidates)

Canada's most experienced

U.S. CPA exam instructor,

and, over the past ten yearshas helped more than 1700

Canadian accountants pass the

U.S. CPA exams


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Jim KnafoJim Knafo

The first U.S. CPA Examinstructor in Canada to pass theU.S. CPA Reciprocity Exam.

exam-grading specialist and forseveral years; has been involvedin the marking of thousands ofprofessional final examinationsfor Canadian governing bodies

Instructs in both our U.S. CPA

Preparatory Program andIntroduction to U.S. IncomeTaxation course

has helped more than athousand accountants pass theU.S. CPA Exams


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Henry Zimmer

Henry Zimmer

Passed the U.S. CPAReciprocity exam (scoring inthe top 10% of all 1998 IQEXexam candidates)

Passed all four parts of theNovember 2000 U.S. UniformCPA exam

One of Canada's mostexperienced professional

instructors, and, over the pastthirty years, has helpedthousands of Canadians earntheir professional accountingdesignation


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Mark Feigenbaum

Mark Feigenbaum

Was selected by the AmericanInstitute of Certified PublicAccountants (AICPA) to markthe examination essays for

thousands of candidates takingthe U.S. Uniform CPA Exam

He is Canada's only U.S. CPAwho has actually been involvedas an AICPA marker of theessay portion of the Uniform

CPA Exam Taught hundreds of U.S. CPA

exam candidates in a numberof large national U.S. CPAprep programs in the U.S.


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THANK YOU!~THANK YOU!~

U.S. CPA Success >>>>>>>>


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Contact InfoContact Info U.S. CPA SUCCESS

Tel: 416-925-3889

Fax: 416

-9

25-120

9

[email protected]

http://www.uscpasuccess.com/

Aubrey GlazmanToll Free#: 1-877-872-7239

Direct Line: 1-561-995-9311

[email protected]

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