CPA & IIA

There are some professional Institutes in the USA which offer professional and certificate courses in Accounting, Auditing, Finance and Taxation, and have members in various countries of the world. These courses have global recognition but the scope of work in India may be limited to in jobs with multi-national organizations like PricewaterhouseCoopers, Ernst & Young, KPMG and Deloitte. Some preliminary detail on a few such courses is given below.

Certified Public Accountant (CPA USA)

CPA stands for Certified Public Accountant, and refers to a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals. It is the highest accounting credential in the United States, and its exams are conducted by the American Institute of CPAs (AICPA). The CPA license is issued by one of the 55 states or territories of the United States all of which are members of NASBA (National Association of the State Boards of Accountancy).

CPA is the US equivalent of the Indian CA qualification and there is a huge demand for CPAs in the USA, as well as in other countries of the world where American companies have operations. ...Read more...

CPA Exam Expenses (Approximate)
Registering and Applying for the Exams
Foreign Academic Credential Evaluation	$200	Rs. 11000
CPA Exam Application Fee	$900	Rs. 49500
Taking the Exams
Return ticket to USA	$1000	Rs. 55000
Visa Application Fee	$160	Rs. 8800
15 days stay in the US (including room, food, etc.)	$750	Rs. 41250
Total Expense [$1 = Rs. 55]	$3010	Rs. 165550

Click here to visit our Forum for a discussion on FAQs related to CPA

Click here to visit the AICPA website

Institute of Internal Auditors (IIA USA)

The Institute of Internal Auditors, India is affiliated to its parent body IIA, Inc in Florida, USA, which was established in 1941. Throughout the world, The IIA is recognized as the internal audit profession's leader in certification, education, research, and technical guidance. IIA, Inc also conducts several certification programs which can be taken at any of their six chapter locations in India.

IIA India works together with the IIA, Global in providing Internal Auditing Practitioners, Executive Management and Board of Directors with standards, guidance and information on best practices in Internal Auditing.

What is Internal Auditing? 

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Certifications Offered by IIA:

1.  Certified Internal Auditor (CIA): The CIA designation is the only globally accepted certification for internal auditors.

2.  Certified Government Auditing Professional (CGAP): The CGAP certification program is designed especially for auditors working in the public sector at all levels — federal/national, state/provincial, local, quasi-governmental, or crown authority.

3.   Certified Financial Services Auditor (CFSA): The CFSA is a valued specialty certification for audit professionals working in banking institutions, thrift/savings and loan organizations, credit unions, insurance companies, security and commodity services, holding and investment companies, credit agencies, financial services regulatory agencies, and other financial services organizations.

4.   Certification in Control Self-Assessment (CCSA): The CCSA exam tests your understanding of important CSA fundamentals, processes, and related topics such as risk, controls, and business objectives.

5.  Certification in Risk Management Assurance (CRMA): Certificate course focused on Risk Assessment & Control in different industries and across various levels of organizations.            ...Read more...

Registration & Examination Structure
All details about course registration, exam structure and exam content can be viewed here.
In case you have any other questions, you can go through the FAQs here.

Click here to visit the website of the Institute of Internal Auditors.

Chapters’ Contact Details
Delhi Chapter Karan Arora, The Institute Of Internal Auditors, India - Delhi Chapter Flat No. 1523-A, 15th Floor Devika Tower-6, Nehru Place, New Delhi - 110019 Tel: +91 11 46538628 E-mail : iiadelhichapter@iiadelhi.org	Mumbai Chapter Shweta Achrekar, The Institute Of Internal Auditors, India - Bombay Chapter 209, 2nd floor, Sagar Avenue, S.V road, Andheri West, Mumbai - 400053 Tel: +91 22 67103351
Kolkata Chapter S S Chawdhury, The Institute Of Internal Auditors, India - Calcutta Chapter C/O 7B, Lala Lajpat Rai Sarani (formerly Elgin Road), Ground Floor, Kolkata - 700020 Tel: +91 33 22832459 E-mail : iiakolkata@vsnl.net	Madras Chapter Ramanathan, The Institute Of Internal Auditors, India - Madras Chapter C/O Flat No:7, Kailash Apartments, 3rd Floor, New No:9, Tiruvengadam Street, West Mambalam, Chennai - 600033 E-mail : iiamadras@aol.com E-mail : info@iiabombay.org
Hyderabad Chapter Samik Chatterjee, The Institute Of Internal Auditors, India - Hyderabad Chapter C/O Deloitte Touche Thomatsu India Pvt. Ltd, 1-8-384 & 385, 3rd Floor, Gowra Grand, S P Road, Begumpet, Secunderabad - 500 003 Tel: +91 40 40312674 E-mail : csamik@deloitte.com E-mail : hyderabad.iia@gmail.com	Bangalore Chapter Mehnaz Jhetam, The Institute Of Internal Auditors, India - Bangalore Chapter C/O Singhvi, Dev & Unni Trade center, 29/4, Race course road, Bangalore - 560001 Tel: +91 8655070751 E-mail : iiabangalore@yahoo.co.in