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A
Unique Program
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The
CPA Program offered by the Institute of Chartered Financial Analysts
of India University, Tripura is a unique program covering the areas
of accounting, auditing, taxation, laws & regulations, and
allied areas.
The
CPA Program has been developed in the context of the present and
future needs.
The
core body of knowledge of the CPA Program includes current and
evolving concepts, techniques and applications, and also providing
the flavour of the frontiers of knowledge.
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'CPA'
and 'Certified Public Accountant' are registered trademarks.
The
CPA Program is offered in two formats: Regular (24 months) and
Accelerated (12 months).
Objectives
The
CPA Program is a postgraduate program with the following broad
objectives :
-
To
encourage aspiring students equip themselves with the latest
tools and techniques in accounting.
-
To
develop contemporary body of knowledge and skill-set and make
them available for those seeking careers in professional
accounting.
-
To
provide interdisciplinary insights into accounting, auditing,
taxation and laws & regulations for developing holistic
perspectives.
-
To
deepen insights into practical applications of accounting in a
dynamic business environment.
The
Approach
The
CPA Program follows the following distinctive but inter-related
approaches :
-
Basic
Knowledge aimed at improving students' understanding of certain
fundamental phenomena and relationships underlying the changing
world of accounting.
-
Tools
and Techniques are required to equip students improve their
analytical ability and power of integration and synthesis.
-
Application
Areas linking the theoretical studies to the practical problems
faced by professional accountants.
-
Professional
Ethics aimed at inculcating in the students an ethical approach
in their professional interactions and a sense of personal,
corporate, and social responsibilities.
Focus
Areas
The
Program has five focus areas:
-
Accounting
The program covers the modern accounting practices and skills
that are required in today's complex business environment. This
enables businesses to take economic decisions and plan their
activities effectively. It also helps professional accountants
to be forward-looking, shifting their priorities from analyzing
past events to acting as strategic partners, advisors and
information providers.
-
Auditing
The recent thrust on corporate governance and the adoption of
computers by enterprises have not only revolutionized accounting
practices but also impacted an auditor's ability to perform
effectively. This program imparts the necessary knowledge and
skills required in performing the audit function effectively in
this changed environment.
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Taxation
The program is designed to update the student on the tax
treatment of business entities. The various tax laws and tax
planning considerations are dealt in detail.
-
Laws
and Regulations The understanding of finer aspects of
business laws and judicial precedents help managing business
situations better in today's environment of liberalization and
globalization. The program provides an understanding of the
business laws and also the Indian and global regulatory
environment.
-
Allied
Areas The allied areas include management accounting,
financial management and electives like accounting standards,
forensic accounting, management control systems and business
analysis and valuation.
Eligibility
Regular
CPA: Graduates
(in any discipline) with 45% and above.
Duration
24 months.
Accelerated
CPA:
Graduates (any discipline) with 45% and above and a pass in CA
(Inter) or CWA (Inter) or CS (Inter) exams. CAs/CWAs/CSs/MBAs
(Finance)* are also encouraged to apply for the Accelerated CPA
Program.
*
Candidates who have passed MBA with 70% marks or 7.0 CGPA and above
(with minimum 4 Finance Elective subjects) are eligible.
Duration
12
months.
Medium
of Instruction :
English
Students
who have pursued their degree program in non-English medium are
advised to undergo proper preparatory coursed in Business English so
that they can cope with the CPA Program.
No
Waivers
All
students are required to appear for all examinations. There are no
waivers.
Validity of
enrollment
The
students of the Regular CPA Program are required to complete Groups
A, B and C within a maximum period of 3 years from the date of
enrollment. The students of the Accelerated CPA Program are required
to complete the entire program within a maximum period of 3 years
from the date of enrollment. Students who are unable to complete
within 3 years, but are still keen on continuing in the program, are
required to register de novo by paying the requisite fee.
3600
Flexi-mode
The
CPA Program is based on study and examinations, with 3600
flexibility for students.
Self-Study
: The
University provides a detailed study plan and prescribed books
specially designed and meant for self-study.
Examinations:
The examinations serve to finally assess and certify the students'
understanding of the subjects.
Courseware:
The
courseware includes textbooks, workbooks, study guides and books of
reading. Initially the courseware is supplied for the first group
only, so that the students will always get the latest editions as
they progress in their studies.
Textbooks:
Textbooks are specially designed for independent study by the
students.
Study
Guides: Study
guides provide crisp and concise information of all the contents of
the subjects. They will help the students revise and refresh their
knowledge on all the topics.
Workbooks:
Workbooks are
designed to help the students in preparing for the examinations.
Model
question papers with suggested answers: The
model question papers with suggested answers based on examination
pattern are included in the respective workbooks.
Continuous
Learning Input: Magazines
play a very important role in updating knowledge. Students are
provided with Accounting World magazine, a monthly publication of
the latest developments in the area of accounting, as a continuous
learning input.
Eligibility
for appearing in examinations
Regular
CPA: Students
will be eligible to appear for Group A examinations 5 months after
the date of enrollment provided all the fee dues are paid in full.
Subsequently, they can appear for one group every three months.
Students are required to appear and pass the groups in a sequential
order.
Accelerated
CPA: Students
will be eligible to appear for Groups A and B examinations 5 months
after the enrollment provided all the fee dues are paid in full.
They can appear for next two Groups (C and D) after 3 months.
Subsequently, they can appear for last two Groups (E and F) after 3
months. Students are required to appear and pass the groups in a
sequential order.
Career
Opportunities
Certified
Public Accountants (CPAs) have been in great demand in the modern
day, hi-tech business environment. The demand for CPAs has increased
manifold due to the booming corporate sector. CPAs have exciting
career opportunities in the following areas:
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Accounting
-
Tax
Advisory Services
-
Audit
Services*
-
Management
Accounting
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Corporate
Finance
-
Investment
Banking
-
International
Finance
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Corporate
Restructuring
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Business
Analysis and Valuation
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Financial
Consultancy Services
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Business
Advisory Services
-
Legal
Advisory Services
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Management
Consultancy Services
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Assurance
and Performance Management Services
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Investment
Management
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Financial
Planning
-
Forensic
Accounting
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Risk
Management
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Corporate
Governance
-
Financial
Reporting
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USGAAP
and IFRS
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Sarbanes
Oxley (SOX)
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Capital
Markets
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Project
Evaluation
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Banking
Services
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Insurance
Services
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BPOs
and ITES
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Forex
Operations
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Accounting
Research
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Information
System Auditing.
*Note:
CPAs can undertake several types of audits, except those audits
which are exclusively reserved for chartered or cost accountants
only, like statutory
audit /cost audit of companies.
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THE
ACCELERATED CPA PROGRAM |
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Only
for those who passed CA (Inter) or CWA (Inter) or CS (Inter)
Examinations
The
Accelerated CPA Program is meant to help graduates (with 45% and
above) who have also passed the Intermediate level examinations of
CA or CWA or CS programs. They can enroll in the Accelerated CPA
Program and complete the CPA Program in the accelerated format in 12
months (instead of 24 months). A saving of 12 months.
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