CPA (Certified Public Accountant)
When it comes to CPA designations in Russia, there are actually two main ones to consider:
1. RICPA CPA (Russian Institute of Certified Public Accountants):
⚫ This is the most internationally recognized CPA qualification in Russia and is aligned with global accounting standards.
Syllabus and Pattern:
⚫ Exams: There are four professional-level exams: Financial Accounting and Reporting (FAR), Auditing and Assurance (AUD), Management Accounting (BEC), and Business and Environment (BEC).
⚫ Content: Each exam covers specific areas within its title, focusing on Russian accounting principles, International Financial Reporting Standards (IFRS), and relevant aspects of taxation, law, and business ethics.
⚫ Format: Exams are computer-based, multiple-choice with case studies, and typically last 4 hours.
⚫ Additional Requirements: Besides passing the exams, candidates need to have a relevant bachelor's degree and at least three years of accounting experience.
2. IPAR CPA (Institute of Professional Accountants of Russia):
⚫ This is a nationally recognized qualification focusing on Russian accounting standards and regulations.
Syllabus and Pattern:
⚫ Exams: There are three professional-level exams: Theory of Accounting and Analysis, Financial Accounting and Reporting, and Auditing.
⚫ Content: Exams delve deeper into Russian accounting frameworks, tax legislation, and audit methodologies.
⚫ Format: Exams are traditionally paper-based and typically last 3-4 hours.
⚫ Additional Requirements: Similar to RICPA CPA, a bachelor's degree and relevant work experience are necessary.
Here are some resources to explore further:
⚫ RICPA CPA: https://www.cpa.org.ru/ (English available)
⚫ IPAR CPA: https://www.ipbr.org/ (English page limited)