Amidst the disruption caused by the COVID-19 pandemic and the resultant lockdown, there is some good news for Indian finance and accounting candidates looking forward to appearing for the US Certified Public Accountant (CPA)exams. The American Institute of Certified Public Accountants (AICPA) and National Association of State Boards of Accountancy (NASBA) have decided to administer the CPA exams in India at eight Prometric test centers (Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, New Delhi and Trivandrum) in June and September 2020 to avoid any international travel for Indian CPA candidates in these challenging times. The convenience of giving the examsin India will ease the burden on the CPA candidateswho earlier had to travel to the US or to Middle East test locations like Dubai for the CPA exams.
Miles Education, CPA training institute and a registered course provider with the AICPA is offering training for the same.With CPA exams now in India, we expect a major boost to the already existent CPA ecosystem in India. All of the Big 4 and various MNC’s already hire Miles CPA alumni and also sponsor their professionals for the CPA program, and we expect this to scale up further. And another good thing is that we find great finance and accounting acumen in most Indian candidates who are easily able to clear the CPA exams,” said Varun Jain, co-founder and lead CPA instructor, Miles Education.
When asked about the timeline to complete the CPA program, Jain added, “Most Indian and international professional accounting qualifications do not require any university education and tend to substitute university education with multiple levels of exams and multi-year timelines. To the contrary, US CPA mandates a university graduationas an eligibility criteriaand complements university education with only 4 exams which candidates can clear in less than 12 months.”