Cpa and ca

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Snehal Sathawane (Querist)
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11 April 2013 Hey! I am CA student ,currently in finals , Have my Financial Management exumpted.
I am currently staying in USA and also doing CPA here. I want to ask that if i get through with my CPA exam, how many papers i will need to give to pass the CA exam, And wat is the CA CPA merger program. Please let me know.
Thank You!

Snehal Sathawane

Snehal Sathawane (Querist)
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12 April 2013 please someone answer my query...

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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20 July 2024 Congratulations on pursuing both the CA and CPA qualifications! Here's a breakdown of how these qualifications can interact, especially considering your exemption in Financial Management (FM) for CA:

### CA Exams After Completing CPA

1. **Exemption in FM**: Since you have already been exempted from Financial Management in the CA exams, you do not need to appear for this paper when you resume your CA exams. This exemption is typically valid for a certain period, so it's essential to check with your CA institute regarding the exact duration.

2. **Remaining CA Papers**: After completing your CPA exams, the number of CA papers you will need to pass depends on the institute you are affiliated with and the reciprocity agreements between the CA institute and the CPA body. Generally, the remaining papers might include subjects like Advanced Auditing and Professional Ethics, Corporate and Allied Laws, Strategic Financial Management, and Advanced Management Accounting, among others.

3. **CA CPA Merger Program**: The CA CPA merger program refers to mutual recognition or equivalency agreements between CA institutes and CPA bodies in various countries. These agreements aim to streamline the qualification process for individuals who hold both CA and CPA qualifications or are in the process of obtaining them.

- **Benefits**: Under these merger programs, CA institutes may grant exemptions or credits for certain papers based on the CPA qualification, and vice versa. This can reduce the number of exams or subjects you need to complete to earn both qualifications.

- **Requirements**: To benefit from these merger programs, you typically need to meet certain criteria set by both the CA institute and the CPA body. This may include passing specific exams, completing certain levels of experience or training, and fulfilling continuing professional education requirements.

4. **Consultation**: It's advisable to consult with both your CA institute and the CPA body you are registered with to understand the specific requirements and benefits of the merger program in your situation. They can provide detailed guidance tailored to your circumstances and help you plan your exams and professional development effectively.

In conclusion, while you pursue your CPA exams in the USA, the CA CPA merger program and your exemption in FM will play significant roles in determining the remaining CA papers you need to complete. Stay in touch with both institutes to ensure smooth progression in your qualifications and leverage any benefits offered by the merger program. Good luck with your exams and professional journey!

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