Before Sitting for CPA Exam
For academic evaluation, the US CPA exam board follows a credit-based system. The credits give you access either to sit for the exam or earn a license. Based on the Indian academic system, you need to fulfill a certain number of credit hours to earn the eligibility criteria: For US CPA Exam – Graduation +1 year of Postgraduation (120 credits), CPA License – Graduation +1 year of Postgraduation (150 credits), and in addition to these academic qualifications, you also need to earn 2000 hours of work experience.
Gaining Practical Experience
Becoming a CPA isn’t just about theoretical knowledge; practical experience is crucial. Most jurisdictions mandate a certain number of hours spent working under a licensed CPA. This hands-on experience allows you to apply your classroom learning to real-world scenarios. It’s a chance to develop skills, gain insights into the industry, and understand the practical challenges accountants face.