ICFAI University, offers a Certified Public Accountant (CPA) program in two modes,  Regular and Accelerated. Duration of Regular CPA is 24 months and Accelerated CPA is 12 months. After CPA course, candidates can look for career opportunities in banking, insurance, risk advisory services, BPOs and ITES.

CPA Course Structure

CPA course offered by ICFAI University is divided into six groups that is Group A, B, C, D, E and F. First three groups are at DAT level and the other three groups are at CPA level.

Structure of CPA course is given below.

Year – I DAT Level

Group A

• Financial Accounting
• Business Law and Environment

Group B

• Audit and Assurance
• Management Accounting

Group C

• Taxation
• Financial Management

Year - II CPA Level

Group D

• Advanced Accounting and Reporting
• Corporate Laws

Group E

• Elective Subject I
• Elective Subject II

Group F

• Information Systems Audit
• Tax Planning

Elective Subject - I

• IFRS & US GAAP

Elective Subject – II

• Forensic Accounting

Elective stream (b)

Elective Subject - I

• Management Control Systems

Elective Subject – II

• Business Analysis and Valuation

Elective stream (c)

Elective Subject - I

• Strategic Financial Management

Elective Subject – II

• Mergers and Acquisitions

The group examination will be conducted in the months of January, April, July and October every year. The examination will be held on any Sunday’s of these months.

Duration of CPA course

Students can enrol into either Regular CPA or Accelerated CPA. If the students join the Regular CPA, then they can appear for the Group A exam after 5 months from the date of enrolment. They can appear for the examination of each group every three months in a sequential order. Thus the students can finish this course after two years. If the students opt for Accelerated CPA, then they need to appear for the examination of Group A and B after 5 months. After three months, they can appear for the examination of Group C and D. Also, it is possible for them to appear for Group E and F examination right after three months. Thus the duration of Accelerated CPA is for one year.

Fee structure of CPA course

Fee structure of CPA course offered by ICFAI University for the academic year 2011-2012 is given below

Admission fee – Rs. 5,000/-

Fee for all Groups – Rs. 35,000/-

Jobs after CPA course

Those who have completed CPA course can work as Accounts Executive, Chartered Accountant or Chief Accountant. They can also look for various jobs in Tax Advisory Services, Legal Advisory Services and Business Advisory Services. If they are interested to work in any Audit Services firm, then they can take up the job of Audit Executive, Audit Supervisor or Audit Manager depending on the experience.

They can also seek job opportunities as Credit Control Manager, Finance Executive and Financial Controller. They can find employment in insurance services firms as Insurance Advisor. CPA students can also work as Risk Assurance Manager or Risk Assurance Officer in various Risk Advisory Service companies.