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Cpa Brochure CA

Jun 02, 2018

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    CPACertified Public

    AccountantYour entry visa to international

    accounting recognition.

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    Certified Public

    Accountant

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    The U.S. Bureau of Labor Statistics: Theemployment of accountants and auditors (especiallythose with a CPA) is expected to grow fasterthrough 2018 than for all other occupations.

    You dont have to be an accountant or auditor

    to become a CPA. It could be the career shift

    youve been looking for!

    CPA: The Choice for the FutureWhich profession is expected to grow 22% in the decade up to 2018? Which field will have as many as500,000 job openings? Which career is high up on the 25 best jobs list? Which professionals are highlysought after by the Big Four and major multinationals?

    Today accounting is a very enriching career path and Chartered Public Accountants (CPAs) in specifichave many incredible opportunities. And theres no end in sight for the job market demand for CPAswho possess a vital set of skills, knowledge and insight that answer the tough economic and regulatorychallenges that have rapidly become the norm in the current globalized marketplace.

    High Demand

    Being a CPA will open the door to great prospects for you. The high demand for CPAs means:

    l Career stability

    l Excellent pay and bonuses

    l Increased job choices and promotions

    l Continued career growth opportunities

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    Given the rather bleak economy, why is there such a significant demand for CPAs?

    Several factors come into play:

    l Focus on Business Ethics:

    After a series of corporate scandals and fraud,corporate accountability has become a focalpoint. And CPAs are key in this shift towardstransparency and business ethics. Companies mustnow meticulously scrutinize every aspect of theentire accounting process, and corporate leaders(many of whom are not accounting experts) mustpersonally attest to the accuracy of their financial

    statements. More rigorous regulations also meangovernment agencies are hiring CPAs to monitorhow well companies comply.

    l Business and Advancing Information

    Technology:

    New business models, more complex information,and evolving technology mean CPAs with solidIT skills are needed to design, integrate, and

    implement advanced software systems. Theyare also needed to serve as consultants to linktechnology solutions with sound business practices.

    l The Global Economy and InternationalReporting Standards:

    The global economy along with the increasein multinational organizations steps up thedemand for CPAs internationally and locally.The world marketplace today needs expertswho understand everything from internationalbusiness ethics to International FinancialAccounting Standards. CPAs who can adapt to

    other cultures and understand global businessperspectives and regulations are extremelyvaluable.

    l Retiring CPAs:

    According to the AICPA, 75 percent of todaysCPAs (who are mostly baby boomers) willbe retiring within the next 15 years. As theyleave full-time active practice, the demand for

    qualified CPAs to fill the ranks will continue toincrease.

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    Enriching Career Opportunities

    The work CPAs do shatters all stereotypes about

    accounting being dull, routine and limiting. CPAsengage in diverse work & their career opportunitiesare many. CPAs have fulfilling careers in:

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    CPAs have ample opportunities in many sectors:

    1Public Accounting

    The Advantage: Working in publicaccounting can offer wide-ranging exposureto and experience in numerous businesses,industries, and accounting disciplines. Formany CPAs, a career launched in publicaccounting has served as a springboard forcareer advancement including the top-levelspots in the C-suite.

    2Corporations

    The Advantage: Virtually every companyrequires the talents and services that CPAsoffer. In smaller companies CPAs workingacross the full range of traditional accountingroles. In large organizations, CPAs usuallyfill more specialized roles. The possibilitiesfor location, compensation, and careeradvancement are practically unlimited.

    The Advantage:Working for the governmentnot only represents a chance to be of serviceto your community, state, or country butoffers excellent compensation and benefits,job security, and career growth.

    3Government

    5 TeachingThe Advantage: The demand for qualifiedteaching CPAs at colleges and universitiesnationwide has increased significantlybecause of high enrollment in accountingprograms; the need for specialized expertiseand coursework; and the large number

    of accounting professors approachingretirement. Sharing knowledge can befulfilling on personal & financial levels.

    The Advantage:Since CPAs help determinethe financial impact of a critical decisionor strategic initiative and have a broaderunderstanding of business models, finance,strategy and operations, consulting firmsare always hiring talented CPAs. Consulting

    can be very rewarding since the work isdynamic and diverse, the work hours can beflexible and the pay is attractive.

    6 ConsultingThe Advantage: Being part of a nonprofitorganization doesnt mean doing charitywork with low pay. Salaries and compensationpackages for nonprofits are competitive andthe sector provides personal rewards thatare absolutely priceless.

    4 Non-profit

    6

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    Numbers that show you the money

    While individual salaries vary depending on yourlocation, experience, education and employer,CPAs always have attractive salaries and earnup to 10% more than their non-certified peers.The average salary ranges clearly point to a verybig financial future.

    In the 2012 Pojected Accountant Salaries tableto the right, the numbers speak for themselves:

    2012 Projected Accountant Salaries**

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    Large Public Firms

    Corporate Accounting

    Non-CPA Salaries Up To

    Non-CPA Salaries Up To

    CPA Salaries*** Up To

    CPA Salaries*** Up To

    Senior Manager/ Director****

    Manager****

    Senior

    1 to 3 years

    Up to 1 year

    Chief Financial Officer****

    Tax Director****

    Controller****

    IT Auditor - Manager

    Financial Analyst - Manager

    General Accountant: 1 - 3 years

    - - -

    - - -

    $94,250

    $75,250

    $63,500

    - - -

    - - -

    - - -

    $140,250

    $114,500

    $62,000

    $175,000

    $122,750

    $103,675

    $82,775

    $69,850

    $411,000

    $233,500

    $199,000

    $154,275

    $125,950

    $68,200

    * Example only.

    ** Large public accounting rms/companies = $250 million+ in sales. Salary does not reect overtime or bonuses whichare signicant portions of compensation for these positions.

    *** CPAs may earn up to 10% over peers without professionaldesignations.

    **** Advanced degrees or professional certications areassumed at this

    Derived from Robert Half International 2012 Salary Guide;Accounting and Finance.

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    The Bottom Line: The CPA Exam

    The CPA Exam focuses on the skills every entry-level CPA needs:

    Research Communication Analysis Judgement Understanding

    I would like to thank Becker Professional Review and their instructors for everything they did to subsidize my success

    and for keeping their promises in making it possible.Kinan M.Haddad, Damascus, Syria

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    Covers generally acceptedaccounting principles for businessenterprises, governmental entities

    and not-for-profit organizations, aswell as the skills needed to applythat knowledge. Questions onInternational Financial ReportingStandards (IFRS) will focus onidentifying and understandingthe difference between financialstatements prepared on the basis ofU.S. GAAP and those prepared on

    the basis of IFRS.

    Financial Accounting

    and Reporting

    Examines federal taxation,ethics, professional and legalresponsibilities and business law

    topics, as well as the skills neededto apply that knowledge.

    Regulation

    Includes knowledge of auditingprocedures, generally acceptedauditing standards and other

    standards related to attestengagements, as well as the skillsneeded to apply that knowledge.You will need to be familiar withthe International Auditing andAssurance Board (IAASB) and itsrole in establishing InternationalStandards on Auditing (ISAs)

    Auditing and

    Attestation

    Covers knowledge of generalbusiness environment andbusiness concepts that candidates

    should know to understand theunderlying business reasons for- and accounting implications of- business transactions. Questionspertaining to internationalstandards will test your graspof globalization in the businessenvironment.

    Business Environment

    and Concepts

    4hours 4hours 3hours 3hours

    CPA Exam Parts

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    CPA Exam Format

    All 4 parts of the exam have multiple-choice

    questions. They evaluate your knowledge and

    your understanding of the content.

    Task-based simulations utilize real-life work

    situations to test your in-depth knowledge &

    skills. Task-based simulations appear on three

    of the exam parts: Financial Accounting &

    Reporting, Auditing & Attestation, & Regulation.

    Essay questions appear only in the Business

    Environment and Concepts part of the exam.

    You will have access to word processing so you

    can answer.

    Multiple-Choice

    Questions

    Task-Based

    Simulations

    Essay

    Questions

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    Eligibility Requirements

    Education:

    Experience:Most states require 1-2 years work experience under a licensed CPA.

    State Boards consider two areas:

    1 Bachelors degree or higher2Most states require 150 semester hours

    1 Type of Employer: Public accounting firm vs. industry

    2 Type of work: Tax vs. audit vs. managerial accounting

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    Accounting Credit SolutionMorgan International is here to help you meet eligibility requirements to sit for the

    CPA exam.

    If you dont meet the educational requirements, we have solutions for you.

    Select the options that best suits you:

    Transform your Bachelor of Commerce degree into a U.S Degree

    Option 1: U.S. Degree Equivalency

    Earn Graduate Credit while preparing for the CPA Exam Learning System

    Option 2: Graduate Credit Option

    After hearing all the stories about how difcult the CPA

    Exam was, I came to realize that I couldnt do it alone.Tim Gearty and Peter Olinto, I couldnt imagine myself

    studying days and nights without you. Great CPA makers

    along with comprehensive studying material by Becker

    and instruction provided by Morgan have enabled me to

    pass the exams from the rst attempt while keeping my

    full time job. If you put in the time and effort, Becker will

    denitely help you succeed, the Becker PROMISE!

    Rita Haidar, Beirut, Lebanon

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    Learning System

    l 100 hours of expert instruction

    l Over 6,500 multiple choice questions

    l Over 250 task-based simulations that mirror the exam

    l Two full final practice exams per part with the content and functionality of the actual CPA Exam

    l Study Roadmap to help you navigate what to study and how much time to devote to each topic

    l Comprehensive textbooks and eBooks

    l Interactive Study Planner to help you develop a study plan tailored to your preferences topic.

    l Flashcards (additional product)

    - Over 1,000 cards in a portable format for learning anywhere, anytime.

    - Available in traditional or mobile Formats: iPhone, iPod Touch, iPad, Blackberry, Android

    l Final Review (additional product)

    - Complements your CPA Exam Review course

    - Shows you which areas to focus on during your last critical days of study

    - Available in live or self-study formats

    Morgan and Beckers Comprehensive Learning System includes:

    Comprehensive,Integrated and ProvenResources for SuccessBecker Professional Educations learningapproach empowers you with the resourcesyou need to succeed. The CPA Exam Reviewdeepens your understanding, sharpens yourtest-taking skills, and builds your confidence forexam day. Only Becker offers a comprehensive,integrated review course that mirrors the

    content and functionality of the CPA exam inevery way.

    Becker Professional Educations CPA ExamReview is grounded in a highly structuredmethodology and is designed, updated andtaught by CPAs and exam experts. The result?You seamlessly get ahead in your review coursewith material pertinent to the exam.

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    Flexibility & Choice

    We appreciate that you lead a busy life. This is why we empower you with flexibility and choice: Live,

    Self-Study, and Online. Select the approach that best complements your lifestyle, work schedule andpreferred learning style. No matter which format you choose, you receive the same learning tools andcomprehensive learning approach to help you succeed. And theyre all backed by the Becker Promise.

    Live ClassThis live classroom experience

    is ideal for candidates whothrive on personal interactionand feedback from instructors

    and peers. If you learn best in ascheduled, focused environment,our live class is for you.

    OnlineThe best of both worlds!

    The online format combinesthe structured schedule and

    instructor and peer interaction

    of the Live format with theflexibility of Self-Study.

    Self-StudyFor the on-the-go candidatewith a changing schedule, our

    self-study format is a great way tolearn. Through a dynamic, multi-

    media experience, youll havethe freedom to learn at your ownpace, on your own schedule.

    The Morgan Promise

    Morgan International has faith in its professionalism

    and in Becker. This is why we pledge to provideyou with the greatest opportunity to pass the CPAExam by using our comprehensive program andtime tested learning approach.

    Were so confident in how well-crafted the Beckerlearning system is, we are proud to offer TheMorgan Promise. Candidates eligible for theMorgan Promise can repeat their course tuition-free in the rare event they do not pass an exam.

    Firas S. A. Moussa, Dubai, UAE

    I would like to thank Morgan International, Becker CPA

    Exam Review and all the expert instructors for helping

    me achieve this huge milestone in my career. I strongly

    recommend that candidates prepare with Becker CPA

    Exam Review as it has the most effective, qualitative andextensive study material.

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    Morgan International:

    The Facts Say It All! Over 70,000candidates since 1995

    150+classes annually

    First Platinum Providerfor the Wiley CMAReview

    Present across 34locations worldwide:Europe,Middle East, Canada and India

    Authorized partner and distributor forSchweser, PRC, SHRM, APICS, AFP and IFMA

    Over 5000students annually

    325certified andexperienced instructors

    Sole licenseeof Becker Professional Education

    Awarded Top 10 SHRM Learning Systemenrollments globally for the past 6 years

    Offering CPA, CFA, CMA, CIA, CSCP, JIA,HRBP, HRMP, DipIFR, FMP, FFAC & FP&A

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    The Becker Difference

    l Highest Pass Rates:

    Students who prepare with Becker pass atdouble the rate of non-Becker candidates.

    l Greater Success:

    Over 400,000 candidates have successfullypassed the exam using Becker, more than anyother review provider.

    l

    Top Scorers:All 19 of the latest Watt Sells Award winnersprepared with Beckers CPA Exam Review.

    l Number 1 Choice:

    All Big 4 & Global 7 accounting firms chooseBecker.

    l Access Anywhere/Anytime

    Get virtually unlimited access where and whenyou want through our online and self-studyformats. Or get face-to-face support with ourlive review course with classes in more than250 locations worldwide.

    l The Best Choose Becker

    All Big 4 & Global 7 accounting firms, 98 of

    the top 100 accounting firms and over 1,500accounting firms, alliances, corporations,government agencies, societies & universitieschoose Becker to prepare their candidates forthe CPA Exam.

    Becker CPA Exam Review material is structured, simplied and professional. I am proud of saying that I passed all

    four parts of the CPA exam from my rst attempt. Thank you Becker for helping me make it through this importantphase of my career.

    Mina Naiem, Cairo, Egypt

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    Contact us today

    for a one-on-oneconsultation!

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