Your Pathway to becoming a US CPA
IQEX allows internationally trained accountants to attain US CPA accreditation without sitting the CPA exam. The USCPA-NOW Comprehensive International Qualifying Examination (IQEX) program is appropriate for Canadian, Irish, Mexican, New Zealand and Australian CAs, Australian CPAs, Scottish CAs, South African CAs and Hong Kong CPAs. For eligibility criteria please click here »
Member** Price
- Proven Exam Preparation – 20 years experience
- 90% Success Rate – with this course content*
- Question-based Learning – IQEX style questions
- Works on all devices – PC, Laptop, mobile
- Online Support – with course author Henry Zimmer
- Up to date content – in line with CPA Exam blueprint
- Self-paced – track your hours with detailed reporting
- Detailed Quiz Analytics – Watch yourself improve
- Notes Function – create your own printable flash cards
Non Member Price
- Proven Exam Preparation – 20 years experience
- 90% Success Rate – with this course content*
- Question-based Learning – IQEX style questions
- Works on all devices – PC, Laptop, mobile
- Online Support – with course author Henry Zimmer
- Up to date content – in line with CPA Exam blueprint
- Self-paced – track your hours with detailed reporting
- Detailed Quiz Analytics – Watch yourself improve
- Notes Function – create your own printable flash cards
*Statistics include identical course materials delivered in a paper based format **Members and Associate Members eligible for the discount are those who are part of Chartered Accountants Member Institutes. The discount is claimed by way of a Coupon Code input at payment.
ABOUT THE COURSE
Get your US CPA NOW
with this online IQEX
Preparation Course
IQEX is borne from reciprocity agreements with Chartered Accountant Institutes in several Commonwealth and other countries to provide a fast-track program leading to the US CPA through a special International Qualifying Examination, abbreviated as IQEX.
This course presents the material in a manner you will understand fully following your initial run through. The key to success is to grasp the important concepts rather than memorize rules. Complete all of the suggested multiple-choice questions and practice simulations at least twice. The more questions you review the higher your grade.
TESTIMONIALS
The course did a great job focusing on the important areas. Without its help, I never would have scored 95%!
The CPA-Now course materials and Henry’s approach allowed me to focus my study time on those areas of most importance.
Excellent course. Notes and suggestions regarding how much study time to allocate per topic were invaluable. Complex areas were explained clearly.
The CPA-NOW course is both an effective and efficient way to prepare and successfully pass IQEX.
FREQUENTLY ASKED QUESTIONS
US CPA NOW frequently asked questions
Eligibility criteria are explained here.
The IQEX examination is now offered throughout the year at Prometric Centers in major Canadian and U.S. cities. Detailed information is included in the USCPA-NOW course material. You may visit the Prometric website at http://www.prometric.com/cpa. The exam requires you to book a 4.5 hour time slot. The first half hour is for orientation and the exam itself is 4 hours.
Please click on Examination Application Procedures and Deadlines.
The estimated target release date is based on the following factors: the day you took your test by, and when the AICPA receives examination data files from Prometric, Usually, you can expect to receive your grade within two to three weeks after you have written the exam.
IQEX is accepted by 45 states and The District of Columbia. The following 5 states do not accept IQEX:
-
- Alaska
- Connecticut
- Delaware
- Hawaii
- Rhode Island
Unless you have a compelling reason to join a particular State Board, it is recommended that you apply to the state of Illinois or the state of Arizona. Further information will be provided with your course materials.
Although you may refer to yourself as a U.S. CPA, in most jurisdictions a license to sign audit reports is not granted automatically. Such license is also not granted by simply passing the full Uniform Exam in the U.S. Various states impose additional education and/or experience requirements for those CPAs seeking permission to sign audit reports. The NASBA website www.nasba.org lists all the individual State Boards along with contact information.
If you are want to prepare U.S. tax returns, it is recommended that you enroll in the online tax course that is offered at www.theincometaxschool.com There are two components, the first covering personal tax and the second dealing with corporations and partnerships. Both components offer many hours of verifiable Continuing Professional Education.
Passing the IQEX Exam and becoming a U.S. CPA automatically fulfills the recently implemented IRS tax preparer requirements. U.S. CPAs in Canada may obtain a Preparer Tax Identification Number (PTIN) and are exempt from the ongoing testing and continuing education requirements. A U.S. Social Security Number is not required.
Unsuccessful IQEX writers may make an email request for an updated USCPA-NOW study binder if updated materials are required. A request for updated materials must be made within 60 days of receiving your notification from NASBA that you were unsuccessful. You will have to pay printing costs of $70 U.S. plus shipping.
USCPA-NOW will respond and advise you of the shipping cost via USPS Priority Courier. USCPA-NOW must receive payment of $70 plus shipping costs by cheque before the materials are shipped. (If you reside in Canada, the cost is under $50. If you live in the U.S., it is around $15. Shipping to other countries should not exceed $100.)
QUALIFYING FOR IQEX
CHECK YOUR ELIGIBILITY FOR IQEX
NASBA (National Association of State Boards of Accountancy) has established Mutual Recognition Agreements (MRAs) with the following countries that enable you to qualify for the IQEX:
> CPA Australia
> Chartered Accountants Australia and New Zealand (CAANZ)
> CPA Canada (CPAC)
> Hong Kong Institute of Certified Public Accountants (HKICPA)
> Chartered Accountants Ireland (CAI)
> Instituto Mexicano de Contadores Publicos (IMCP)
> Institute of Chartered Accountants of Scotland (ICAS)
> South African Institute of Chartered Accountants
Please note that, if you ultimately are considering joining a particular state board, do NOT look at that state’s education or practical experience requirements. When you pass IQEX, you are automatically assumed to have met any state board requirements and you will not be asked to substantiate either your prior education or experience.
MEET THE AUTHOR: HENRY ZIMMER
Hello, my name is Henry Zimmer and I have been preparing people for the USPCA-NOW course for the past 20 years.
By way of background, I was born in New York City but moved to Montreal, Canada at the age of 12. I received a degree with honors in English from McGill University and then lost my way, entering the Canadian CA program, receiving my designation in 1967. While it may seem an incongruous combination, the communication skills that I learned early on have served me well over the last 50 plus years. I became a tax specialist, wrote 15 books on taxation and investment; some texts and several for the general public that became national bestsellers.
I want to wish you success in your endeavors to obtain a US CPA and I hope you will enjoy the benefits of continuing professional and personal achievements in the future. Thank you and good luck.
