The course is 3 days to provide in-depth coverage of all IQEX content including multiple choice and simulation questions.  Participants appreciate the comprehensive U.S. Tax and U.S. Law coverage.  The IQEX course is done in small groups to permit participant discussion.

The live webcast format addresses the needs of those in different locations, not able to travel nor free during the week.

CAs will earn 24 hours of PD / CPD for their accounting professional license and receive a PD / CPD attestation.

IQEX Exam

The purpose of IQEX (International Uniform Certified Public Accountant Qualification Examination) is to facilitate the U.S. CPA qualification process for those accounting professionals from other countries whose professional bodies have entered into reciprocity agreements with the U.S. accounting profession.  The examination takes place over 4 hours and consists of multiple choice questions and simulations prepared by the  AICPA. The exam is offered only in English and is administered as a Computer Based Test (CBT).

3 Day IQEX Prep Exam Review Course & Seminar Outline (revised February 2024)

• IQEX Federal Taxation of Individuals (15-25%)

  • 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

• IQEX Federal Taxation of Entities (28-38%)

• • C Corp
  • S Corp
  • Partnerships
  • Trusts & Estates
  • Tax Exempt Entities
  • Federal Tax Legislative Process
  • Federal Tax Procedures
  • Accounting periods & methods
  • Tax planning

• IQEX Federal Taxation of Property Transactions (12-22%)

• • Related party
  • Gifts
  • Character of gains and losses, netting

• IQEX Ethical and Professional and Legal responsibilities (10-20%)

• • 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

• IQEX Business law (10-20%)

• • Agency
  • Contracts
  • Debtor-creditor relationships
  • Government regulation of business
  • Uniform commercial code
  • Real Property, including insurance

• IQEX Integrated Simulations

 

CPA IQEX Exam Prep Course - Testimonials

Leah's 3 full day webinar gave me everything I needed to pass the IQEX exam with flying colors. After the 3 days, I had a strong baseline and used the IQEX license material included with the course to practice doing lots of questions to gain the speed to pass the exam. I passed on my first try, with a score well above the required 75!

Corey R, CPA, CA, Boston 

The IQEX seminar that Leah put together is a comprehensive course that will enable you to understand the process of the exam and how to deal with the challenges of multiple choice questions and related simulations.  Reading from a book is always difficult, and a live course will help you push over the hurdle of passing the exam.  Leah has been teaching the material for a long time, and has in depth knowledge and understanding of the subject matter.

Erez Bahar, CPA, CA, Vancouver

I attended Leah Donti's IQEX preparation course in the summer of 2012.  My experience was very pleasant and extremely helpful in preparing me for the IQEX exam, Leah has a very good way of integrating theory with hands on activities to keep you focused throughout the day as well as retain the information you learn.
Leah did an excellent job of summarizing the important topic areas versus those that were less likely to be tested.  She provided an excellent study book which helped me zero in on key areas of the exam.  Leah also took the time to provide and mark a practice exam which along with her feedback was extremely helpful to me.  I went onto pass the IQEX exam and highly recommend this course to anyone wanting to pass the IQEX exam.

Spencer Leakey, CPA, CA, Nanaimo, BC

As a 54 year old FCA from Nova Scotia, embarking on the process of writing exams again to qualify as a CPA was a bit daunting.  Especially since I had already located to the USA and travel was difficult.  After some research I landed on your live webinar program and contacted you with my situation.  You were so very informative and helpful that the decision to sign up was an easy one.  The live webinar course was very professionally run, very well coordinated.  All material came on time.

The extra materials and questions were very helpful and your support through the whole process invaluable.  The end result was I followed your advice (maybe a bit light on the follow up study) and passed the IQEX exam.  I am on my way to qualifying as a CPA mostly as a result of your efforts and course.

Thank you for everything.  I highly recommend your program to anyone, at any age, who wants to attempt this exam.

Stan Spavold, FCA, California

 

More Testimonials are found here