Training Program for CPA Exam

Overview:

Introduction:

This comprehensive program is designed to prepare participants for the Certified Public Accountant (CPA) exam only, by equipping aspiring accountants with the essential knowledge and skills needed to excel in this challenging examination. This program covers various topics  tested on the CPA exam, including auditing, financial accounting, taxation, and business law. Participants can be assured that they will be well-prepared to succeed in their professional accounting careers and achieve their goal of becoming a certified CPA.

Program Objectives:

By the end of this program, participants will be able to:

• Understand the core concepts and principles tested in the CPA exam.

• Apply accounting and financial knowledge to solve complex problems and scenarios.

• Analyze and interpret financial statements and reports effectively.

• Demonstrate proficiency in auditing and attestation procedures.

• Navigate the regulatory and ethical considerations relevant to the accounting profession.

• Be fully prepared for success in the CPA exam.

Targeted Audience: 

• Aspiring accountants seeking to become Certified Public Accountants (CPAs).

• Individuals preparing to take the CPA exam.

• Accounting professionals looking to enhance their knowledge and skills.

Program Outlines: 

Unit 1:

Auditing and Attestation (AUD):

• Audit Planning and Risk Assessment.

• Internal Control and Control Risk.

• Audit Evidence.

• Audit Reports.

• Professional Responsibilities.

Unit 2:

Business Environment and Concepts (BEC):

• Corporate Governance.

• Economic Concepts and Analysis.

• Financial Management.

• Information Technology.

• Operations Management.

Unit 3:

Financial Accounting and Reporting (FAR):

• Conceptual Framework, Standards, and Financial Reporting.

• Select Financial Statement Accounts.

• Specific Transactions, Events, and Disclosures.

• Governmental Accounting and Reporting.

• Not-for-Profit (NFP) Accounting and Reporting.

Unit 4:

Regulation (REG):

• Ethics, Professional Responsibilities, and Federal Tax Procedures.

• Business Law.

• Federal Taxation of Individuals.

• Federal Taxation of Entities.

• Business Transactions.

Unit 5:

Financial Accounting and Reporting (FAR) - Advanced:

• Advanced Financial Accounting Concepts.

• Advanced Financial Statement Presentation.

• Derivatives and Hedge Accounting.

• Governmental and Not-for-Profit (GNP) Accounting and Reporting.

• Business Combinations and Consolidated Financial Statements.

Unit 6:

Regulation (REG) - Advanced:

• Ethics and Professional Responsibilities for CPAs.

• Taxation of Property Transactions.

• Taxation of Individuals.

• Taxation of Entities.

• Tax Planning.

Unit 7:

Business Environment and Concepts (BEC) - Advanced:

• Business Structure and Business Environment.

• Economic Concepts and Analysis.

• Financial Management.

• Information Systems and Communications.

• Strategic Planning.

Unit 8:

Auditing and Attestation (AUD) - Advanced:

• Professional Responsibilities and Ethics.

• Assessing Risk and Developing a Planned Response.

• Performing Further Procedures and Obtaining Evidence.

• Forming Conclusions and Reporting.

• Other Reporting Considerations.

Unit 9:

Financial Accounting and Reporting (FAR) - Comprehensive Review:

• Framework, Standards, and Financial Reporting.

• Select Financial Statement Accounts.

• Specific Transactions, Events, and Disclosures.

• Governmental and Not-for-Profit (GNP) Accounting and Reporting.

• Business Combinations and Consolidated Financial Statements.

Unit 10:

Regulation (REG) - Comprehensive Review:

• Ethics, Professional Responsibilities, and Federal Tax Procedures.

• Business Law and Federal Taxation.

• Federal Taxation of Individuals.

• Federal Taxation of Entities.

• Business Transactions and Tax Planning.