General information regarding each exam
Certified Public Accountant – CPA
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Allows accountants to be licensed by a state government agency and to perform attestation and represent clients before the IRS
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www.aicpa.org
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4-part exam (BEC/FAR/REG/AUD)
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The test is available during the first two months of every calendar quarter
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Average time to prepare for a test section is 50-60 hours per section
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Type of test - Computerized multiple choice and simulations
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Number of questions – 90 to 120 multiple choice questions, plus 2 simulations for AUD, FAR, REG
Certified Internal Auditor – CIA
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Anyone who performs internal audit or high end quality control work
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www.theiia.org
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4-part exam
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The test is available in May and November
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Average time to prepare for the test is 150 hours
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Type of test - Pencil and paper multiple choice over a two day period through November 2007, then becoming a computer-based on-demand test in February 2008
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Number of Questions – 125 per exam section (only 100 questions count towards score)
Certified Information Systems Auditor – CISA
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IS/IT professionals and managers - tests on IT and audit knowledge
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www.isaca.org
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1-part exam
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The test is available in June and December
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Average time to prepare for the test is 70-100 hours
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Type of test - Pencil and paper multiple choice
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Number of questions – 200 per exam
Certified Management Accountant – CMA
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Corporate accounting (Cost, Management, Finance)
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www.imanet.org
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4-part exam
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The test is available on demand
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Average time to prepare for the test is 150-200 hours
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Type of test - Computerized exam combining multiple choice and long problem/essay
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Number of questions – Parts 1 and 3 of revised format are 110 questions, Part 2 is 140 questions, Part 4 has 4-7 long problems/essays
Enrolled Agent – EA
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Licensed tax practitioners to represent clients in front of the IRS - required prior to IRS face-to-face meeting
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http://www.irs.gov/taxpros/agents/article/0,,id=100710,00.html
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3-part exam
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The test is available on demand effective May 1, 2007 through February 29, 2008
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Average time to prepare for the test is 100-150 hours
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Type of test - Computerized multiple choice
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Number of questions – 100 questions per part