How to pass the AICPA general exam in one sitting

There are up to four opportunities for a single AICPA exam a year, so you can still retake the exam if you have a single subject, but it should be noted that you should not take the same subject repeatedly in the same quarter. If the test subjects at this window are not passed, candidates can make an appointment for the examination window in the first quarter of the next month.

AICPA has just landed in China, but its development prospects in China are generally optimistic. It is reported that accountants with international high-end certifications are sought after by multinational enterprises. In China, there is a shortage of about 250,000 people who know US Accounting Standards (USGAAP) and have US CPA qualifications.

The average annual salary of a practitioner with a U.S. accountant qualification is more than 400,000. In foreign companies, having a US CPA qualification is a preferred condition for positions such as financial director and financial manager. In the job advertisements of the Big Four accounting firms, almost all of the positions require applicants to hold the qualification of a certified public accountant in the United States.

Accounting Specialist Finance Specialist

As the most suitable position for fresh graduates, more and more U.S.-funded companies and listed companies in the United States have added the qualification requirement of certified public accountants to their accounting specialist recruitment needs, and Tuniu Network offers an annual salary of 12-150,000 yuan for its accounting specialists, and they must have American certified public accountants.

Financial Reporting Manager, USGAAP Financial Manager, U.S.-based Corporation

After accumulating about 3-5 years of work experience after graduating from the new year, this is a tailor-made position for American certified public accountants, and most domestic Internet companies prepare a salary range of between 200,000 and 400,000 yuan for major recruitment**, requiring familiarity with American accounting standards, responsible for the review of quarterly and annual report disclosures, and making them in line with US accounting standards.

Senior Finance Manager Senior Internal Audit Manager

More than 5 years of work experience, with cost management, financial analysis and risk control capabilities, familiar with SOX and US accounting standards, with US certified public accountant qualifications, these are the common recruitment requirements of a domestic Fortune 500 IT company and FMCG companies, and the salary for this position is generally between 350,000 and 700,000.

Chief Financial Officer SeniorManger, Vice President of Finance

When you meet more than 10 years of work experience, more than 5 years of financial management work experience and have an overseas background, you can apply for these top financial positions, 600,000-1.2 million is their salary standard, a domestic real estate company recruits CFO, with an annual salary of 100-1.3 million, a domestic entrepreneurial enterprise recruits a financial director, with an annual salary of 60-900,000, and a domestic big four, the annual salary of seniorManger positions is 90-1.19 million. Of course, these positions also have a common basic requirement, and American CPAs are preferred. AICPA Common Jobs.

At the same time, as the top accounting certification in the field of accounting in the world, the American certified public accountant can be quickly obtained in only 8-12 months, and as the only certified public accountant qualification in the United States, under the current trend of economic development in the United States, it is bound to quickly become the first choice for domestic accounting talents to seek their own career breakthroughs, and the personal value of American certified public accountant holders will be rapidly improved!

The AICPA American Certified Public Accountant Certificate Examination is the only certified public accountant exam in the United States, which has the right to audit and sign in the United States, which is equivalent to the status of CPA in China, but the status of AICPA is much more internationally recognized than CPA.

Its advantages are not limited to the following:

There is a large talent gap.

For example, in 2017, the "Tianfu Talent Plan" launched in Tianfu New Area, Chengdu, Sichuan Province, set up a special fund of 1 billion yuan for talent development, and USCPA holders are classified as senior talents Class B, and can enjoy the application for a bonus of 800,000 yuan.

International qualifications are exchanged.

Not only can you be exempted from the 8 exam subjects of ACCA, but you can also be exempted from many CPA certificates in Hong Kong, New Zealand, and Australia.

Exam schedules are flexible.

The AICPA exam can be taken four quarters of the year, every day of the first two months of each quarter and the first 10 days of the last month, except for U.S. holidays and Saturdays and Sundays.

The exam cycle is short.

Most candidates basically take the exam in one year, and some students take the exam in a few months, and the global pass rate is basically stable at about 50% every year, and the pass rate of individual subjects such as BEC is 60% higher.

2020 AICPA Exam Registration Requirements:

The requirements of 55 states and regions are different, candidates can choose the state that suits them according to their own conditions and state requirements, generally states require a bachelor's degree or above, 120 total credits, 24 accounting credits, 24 business credits, individual states allow junior college students to apply for the examination, and for example, Alaska, you can also use a certain amount of work experience to offset the credits.

1. Confirmed credits: total credits, accounting credits, business credits;

2. Select the state to apply for: prepare transcripts, academic qualifications, degree certificates, and select the state for registration;

3. Academic evaluation:

1) Verification of academic qualifications (about 2-6 weeks): Send the application form, US dollar money order, and sealed transcript to FACS (Foreign Academic CredentialsService) or other educational evaluation agencies that can be accepted by the state of application.

2) Formal credit assessment (expected to take 4-6 weeks).

4. Exam registration: obtain credit evaluation report and register for the exam (estimated to take 3-4 weeks): newhampshire, colorado, guam, il, etc.;

5. Get the admission ticket (about 2-8 weeks): it means that the registration is successful, please write down the sectionID;

6. Make an appointment for the examination room;

7. Apply for a visa: Prepare visa materials to obtain a visa to the United States (the interval between appointment and visa interview varies from appointment to visa interview at U.S. consulates in China, it is recommended that you make an appointment in advance and reserve one month for the visa interview);

8. Arrange the itinerary: book air tickets and hotels (we generally recommend that you book air tickets and hotels after obtaining a visa, although the air tickets** may fluctuate, but it is safer to do so.) );

9. Take the test: Candidates do not need to go to a certain state to take the test, but can choose to take the test at nearly 300 Prometric test centers in the United States;

The AICPA exam does not require all four subjects to be taken at one time, so it can be completed in separate subjects, and each subject can be retained for a limited period of 18 months, after which the results of the subject will be automatically invalidated, that is, as long as all four subjects are passed in any 18-month period.

The exam will be computer-based from April 2004 onwards. The exam is not available in the third month of each quarter every year. The CPA exam lasts a total of 14 hours and consists of 4 subjects, namely:

Audit & Assurance (hours), Financial Accounting & Reporting (4 hours), Laws & Regulations (3 hours), Business Environment and Concepts (hours). An additional half hour will be provided outside of the exam time for on-board preparation and time to take the survey. The exam questions are multiple-choice questions and case questions.

Interestingly, the score of the test is scored between 0-99 points, and 75 points are passed, but it is not necessarily a passing score. The cut-off score for the exam is determined by the New York State Board of Accountancy on behalf of the states.

Currently, the pass rate for the CPA Unified Test in the United States is about 25% to 35%.

The general process of applying for CPA in the United States is as follows:

1) Select the region where you wish to obtain a CPA certificate and practice license. Different states in the United States have different CPA requirements, rights and obligations;

3) Apply for the CPA exam to CPASE. To apply for these**, candidates can call different 800 toll-free according to the region**;

4) Fill in and submit**, pay.

5) Select the exam time according to the exam schedule prompts you receive. Candidates are required to submit their exam schedules to the relevant test centre at least 6 days in advance, and it is recommended to submit their schedules at least 45 days in advance.

Test centers are not fixed and change frequently, so candidates should check the latest test center schedule online.

The USCPA exam does not require you to take all four subjects at once, so you can complete the exam in separate subjects, and each subject can be retained for a limited period of 18 months, after which the results of the subject will be automatically invalidated, which means that you only need to pass all four subjects within 18 months.

The AICPA exam can be booked according to your own situation, and you can try it if you are very prepared, but the difficulty factor will be great; It is recommended to take two subjects at a time, so that the preparation for the exam will be more sufficient, and the exam will be more relaxed. In fact, many domestic students do it.

If it helps,!

There is no requirement for this, AICPA 4 subjects can be flexibly selected, flexible collocation, you can take 4 subjects at a time, or one exam at a time, these can be selected according to your own learning situation, but AICPA single subject results are valid for 18 months, which means that you pass the first subject and complete the remaining subjects within 18 months.

AUD: The exam lasts for 4 hours, with 72 MCQS (multiple-choice questions) in 2 question groups and 8 TBSS (short-type mock case questions) in 3 question groups

BEC: 4 hours of exam, 62 MCQS (multiple-choice questions) in 2 question groups, 4 TBSS (short mock case questions) in 2 question groups, and 3 written communication questions.

FAR: The exam lasts for 4 hours, 66 MCQS (multiple-choice questions) in 2 question groups, and 8 TBSS (short-type mock case questions) in 3 question groups

REG: The exam lasts for 4 hours, 76 MCQS (multiple-choice questions) in 2 question groups, and 8 TBSS (short-form mock case questions) in 3 question groups.

There are three types of questions on the AICPA exam, which are multiple-choice, case analysis, and writing.

Among them, the question types of REG, AUD, and FAR subjects are only multiple-choice questions and case analysis questions, and the writing questions are unique to BEC, and the examination time of the four subjects before the reform in 2017 is also different, after the reform, it is a four-hour examination time, and the specific question type and proportion of the examination subjects can be shown in the figure below:

There are three types of questions in the AICPA exam: multiple-choice questions, case analysis questions, and writing questions, but the assignment of question types is different for different subjects, FAR, AUD, BEC are all composed of 50% multiple-choice questions and 50% case analysis questions, and BEC also has a writing question, and its BEC question type is composed of 50% choice + 35% case analysis + 15% writing questions.