IQEX Course, Seminar, Training

The purpose of IQEX (International Uniform Certified Public Accountant Qualification Examination) is to facilitate the US CPA qualification process for those accounting professionals from other countries whose professional bodies have entered into reciprocity agreements with the US accounting profession. At present, such agreements are in effect with the Canadian Institute of Chartered Accountants (CICA), the Institute of Chartered Accountants (U.K.) , Australian Certified Public Accountants in Australia (ICAA), the New Zealand Chartered Accountants and the Mexican Contadores Publicos. The examination takes place over four and one-half hours and consists of multiple choice questions prepared by the American Institute of Certified Public Accountants (AICPA). The examination is offered only in English and is administered as a Computer Based Test (CBT) once a year in September.

CAs will earn 35 hours of PD for their CA license and receive a PD attestation.

IQEX Training Course & Seminar Outline

Course IQEX - 500: IQEX Prep Seminar
- Ethical and professional and Legal responsibilities (15-19%)
  - Code of Professional Conduct
  - Proficiency,independence, and due care
  - Ethics and responsibilities in tax practice
  - Licensing and disciplinary systems imposed by the profession and state regulatory bodies
  - Legal responsibilities and liabilities
- Business law (17% - 21%)
  - Agency
  - Contracts
  - Debtor-creditor relationships
  - Government regulation of business
  - Uniform commercial code
  - Real Property, including insurance
- Federal Tax Process, Procedures, Accounting and Planning (11-15%)
  - Federal Tax Legislative Process
  - Federal Tax Procedures
  - Accounting periods & methods
  - Tax planning
- Federal Taxation of Property Transactions (12-16%)
  - Related party
  - Gifts
  - Character of gains and losses, netting
- Federal Taxation of Individuals (13-19%)
  - Gross income
  - Adjustments and Deductions to Arrive at Taxable Income
  - Passive Activity Losses
  - Loss Limitations
  - Taxation of Retirement Plan Benefits
  - Filing Status and Exemptions
  - Tax Computations and Credits
  - Alternative Minimum Tax
- Federal Taxation of Entities (18-24%)
  - C Corp
  - S Corp
  - Partnerships
  - Trusts & Estates
  - Tax Exempt Entities
- Integrated simulations

IQEX Course, Seminar, Training

IQEX Training Course & Seminar Outline

Course IQEX - 500: IQEX Prep Seminar

Ethical and professional and Legal responsibilities (15-19%)

Business law (17% - 21%)

Federal Tax Process, Procedures, Accounting and Planning (11-15%)

Federal Taxation of Property Transactions (12-16%)

Federal Taxation of Individuals (13-19%)

Federal Taxation of Entities (18-24%)

Integrated simulations