![]() Performing Further Procedures and Obtaining Evidence (30-40%)Įthics, Professional Responsibilities and Federal Tax Procedures (10-20%)įederal Taxation of Property Transactions (12-22%) Select Financial Statement Accounts (30-40%)Įthics, Professional Responsibilities and General Principles (15-25%)Īssessing Risk and Developing a Planned Response (20-30%) Paper I: Financial Accounting & Reporting (FAR)Ĭonceptual Framework, Standard Setting and Financial Reporting (25-35%) Improved employment prospects: This improves the candidate's cognitive skills in the eyes of clients and employers, increasing their chances of promotion and success at a professional level.A globally recognized CPA can always find the best place to work anywhere in the world. CPA is the highest level of competence in accounting worldwide.CPAs consistently find the best jobs anywhere in the world and earn at least 30-40% higher salaries than other accounting professionals. Chartered accountants are the most sought-after professionals in the GCC countries and other parts of the world. ![]() Some major areas of accounting are Audit Services, Forensic Accounting, International Accounting, Internal and External Audits, Tax and Financial Planning, Consulting Services, and Forensic Accounting.
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