The US CPA Exam Goes International
After years of being U.S.-primarily based totally only, the CPA examination goes global because of excessive call for for the CPA examination across the world. Read directly to analyze who's eligible to take a seat down for the examination in global places and the way to signal up.
In reaction to unexpectedly escalating global call for for U.S. CPA licensure, the American Institute of Certified Public Accountants (AICPA) has introduced that the U.S. CPA examination could be presented the world over for the primary time in 2011. In 2010 extra than 10,000 global CPA applicants traveled to the U.S. to take the CPA examination, and now the global examination will offer extra possibilities for applicants who need to grow to be U.S. licensed CPAs. The first 5 international locations decided on for global checking out of the U.S. CPA examination are Japan, Bahrain, Lebanon, Kuwait, and the United Arab Emirates (UAE).
These international locations have been decided on because of excessive call for for the U.S. CPA examination amongst residents and corporations and the quantity call for of applicants from the ones international locations taking the examination withinside the United States (almost one-1/3 of global applicants who traveled to the U.S. to take the examination closing yr have been from Japan). The international locations have been additionally selected due to the fact all protection tactics completed at U.S. Prometric Testing Centers can take location inside them. As the AICPA profits extra revel in with global examination checking out, extra international locations are anticipated to be brought to the list.
Who is eligible to take a seat down for the global CPA examination?
Citizens and long-time period citizens in every of the international locations wherein the checking out is taking location are eligible. In the Middle East, residents of Saudi Arabia, Oman, Egypt, Qatar, and Jordan might also additionally take the examination in Kuwait, Bahrain, Lebanon, and the UAE. U.S. residents residing overseas are eligible to check at any of the global places. Although to be had the world over, the examination could be in English.
How can I signal up?
International applicants ought to pick the U.S. jurisdiction thru which they'll apply, touch that jurisdiction's Board of Accountancy for an software, and put up the software and any expenses. Once they may be accredited to take the examination they could agenda a date to take the examination. Not all U.S. jurisdictions are collaborating withinside the International CPA Examination Administration program, so make certain the jurisdiction you pick is a player and which you meet that accountancy board's eligibility necessities.
When can I take the examination?
International CPA checking out will begin in August 2011 and take location all through the second one month of every checking out window (February, May, August, and November). All 4 sections of the examination could be to be had all through every checking out window.
International applicants could be required to signal an "knowledgeable consent" shape earlier than taking the examination, with the intention to require the candidate to comply with sure conditions, inclusive of agreeing to grow to be certified upon passing the examination. International applicants also are problem to a few extra expenses on pinnacle of the ordinary examination expenses.
Upon passing the examination, global applicants could be indexed withinside the International Candidate Database as having finished the examination. If the candidate does now no longer grow to be a certified CPA inside 3 years of passing the examination, their rankings could be eliminated from the database and archived. The rankings could be launched from the archive as soon as the candidate meets the necessities to grow to be licensed (as set with the aid of using the nation they carried out for the examination thru).
If you stay overseas and are inquisitive about turning into a CPA, you want to take the U.S. CPA Exam as a part of certification - and now you may do it the world over! Start analyzing with a web CPA examination overview direction and you may be equipped to take the International CPA examination very quickly at all.
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