| The CPA Program has five Focus Areas: | | | | with traditional disciplines like Accounting, Auditing, |
| Accounting Standards & US GAAP: The CPA | | | | Taxation and Business Law. |
| Program covers the modern accounting practices | | | | The Body of Knowledge |
| with reference to Accounting Standards and US | | | | NICPA visualizes the body of knowledge of the |
| GAAP. The candidates gain in-depth knowledge of | | | | CPA Program as covering four inter-related areas: |
| Accounting Standards which are indispensable in | | | | - General Accounting Knowledge: a fundamental |
| this globalized and liberalized economy. Many | | | | understanding of financial accounting, managerial |
| corporates in India and abroad are adopting US | | | | accounting, auditing systems, business law and |
| GAAP voluntarily to bring their financial reporting | | | | taxation necessary to effectively function in the |
| practices to the global standards. | | | | area of accounting. |
| Information Technology and E-Business: The CPA | | | | - Specialized Accounting Knowledge: further, |
| Program imparts the necessary knowledge and | | | | in-depth, knowledge of some of the specialized |
| skills required for the tripartite functions of | | | | areas of accounting like Accounting Standards, US |
| designing, managing and evaluating information | | | | GAAP, Information Systems Control Audit, Ethics |
| systems, create and implement accounting | | | | and Code of Conduct etc. |
| solutions by applying IT tools and managing | | | | - Information Technology Knowledge: education in |
| business electronically. | | | | IT relevant to the study of accounting. |
| Management Insights: The CPA Program is | | | | - Management Knowledge: knowledge of the basic |
| designed to provide insights into management | | | | ideas of business, such as management strategy, |
| strategy and functions so that | | | | business economics, finance, marketing, HRM and |
| Accounting-Business interface is understood in a | | | | control systems. |
| dynamic format. | | | | For Whom |
| Soft Skills & Code of Conduct: To become | | | | The CPA Program will be suitable for: |
| successful professional accountants of the 21st | | | | - Finance, accounting and management |
| century, candidates need to possess soft skills | | | | professionals like CFAs, CAs, CWAs, CSs, and |
| namely Adaptation skills, Communication skills, | | | | MBAs. |
| Negotiation skills, Management skills, Interpersonal | | | | - Professionals already engaged in the accounting |
| skills and Personal skills. Through case studies, the | | | | field, and who wish to upgrade their knowledge |
| CPA Program encourages the candidates to | | | | and skills in emerging areas like Accounting |
| develop these vital soft skills. | | | | Standards & US GAAP, |
| Ethical Focus: The CPA Program aims to inculcate | | | | Accounting-Management-IT interface, Information |
| in the candidates an ethical approach in their | | | | Systems Control Audit etc. |
| professional interactions and a sense of personal, | | | | - Students pursuing full-time postgraduate |
| corporate and social responsibilities. | | | | programs in commerce, economics, mathematics, |
| The uniqueness of the CPA Program lies in its | | | | statistics and management; Skills to Succeed. |
| effective integration of all the five focus areas | | | | |