However, it is intended for those who want to dedicate themselves to a concentrated, disciplined preparation in order to complete the entire exam, or a significant part of it, before starting a full-time position in September. The course includes the same content as Becker’s standard live course. Becker provides, on the OU campus, an intensive, live review course uniquely designed to help students prepare for the CPA exam in a shortened timeframe. The Steed School has partnered with Becker CPA Review to help all interested Sooners prepare even more effectively for the exam. A CPA exam review course can help candidates better organize their preparation, increasing their chances of timely success. Graduates of the Steed School MAcc program already have what it takes to tackle the CPA exam, having one of the top ten success rates of all graduate programs in the country several times in the seven years since the exam has been computerized.
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More information about the CPA exam is available at the following sites at However, candidates may not take any single section twice in the same testing window. As a rule, Boards of Accountancy permit eligible candidates to take any sections of the Examination in any testing window and in any order they wish. Testing is NOT available in: March, June, September, and December. (These periods are known as "testing windows.") Testing is available in January & February April & May July & August and October & November. The Examination is offered 5 (and sometimes 6) days per week during two months of every quarter.
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Regulation (REG).This section covers knowledge of federal taxation, ethics, professional and legal responsibilities, and business law, and the skills needed to apply that knowledge.Financial Accounting and Reporting (FAR).This section covers knowledge of generally accepted accounting principles for business enterprises, not-for-profit organizations, and governmental entities, and the skills needed to apply that knowledge.Business Environment and Concepts (BEC).This section covers knowledge of general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, and the skills needed to apply that knowledge.Auditing and Attestation (AUD).This section covers knowledge of auditing procedures, generally accepted auditing standards and other standards related to attest engagements, and the skills needed to apply that knowledge.The Examination consists of four sections: These requirements are described at the Board of Accountancy websites. Therefore, students should consult the accountancy board in the state in which they plan to practice to learn about the requirements of that state. However, licensure requirements, as well as the requirements to sit for the exam, vary by jurisdiction. The OU MAcc program allows students to meet the educational requirements to sit for the CPA exam in most states, including Oklahoma.
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The Examination is offered jointly by three organizations: NASBA (The National Association of State Boards of Accountancy), the AICPA (American Institute of Certified Public Accountants), and Prometric.The AICPA is responsible for developing and scoring the Examination, NASBA for the National Candidate Database, and Prometric, a part of The Thomson Corporation, for examination delivery at authorized test centers. Consequently, passing the Examination is necessary, but not sufficient, to meet the requirements for licensure. It is one of the "Three Es" - Education, Examination, and Experience - that are required for licensure as a CPA. Virgin Islands, Guam, and the Commonwealth of Northern Mariana Islands). jurisdictions (the 50 states, the District of Columbia, Puerto Rico, U.S. The Uniform CPA Examination is the examination that individuals must pass in order to qualify for licensure as Certified Public Accountants in any of the 55 U.S.