Certified Public Accountant (CPA)

Improved Essays
Definition
CPA stands for Certified Public Accountant. It is the designation of eligible accountants in several countries around world. In United States CPAs need to pass Uniform Certified Public Accountant Examination and have to meet additional state education and experience requirements for membership in the professional accounting bodies and certification as under requirements for being a CPA. There requirements necessitate CPAs to continue professional education and have to gain work experience in order to practice as full time CPA.
Many states encompass a lower level of accountant requirements which is much lower than the qualifications needed for CPA with a title called Public Accountant and are also called Licensed Public Accountant. Such titles were at first anticipated to permit non certified accountants to practice accounting practices until a state law was enforced under which several regulations now standardize the practice of public accounting in that respective state. Now a majority of states have dropped the title of Public Accountants however there are still six states that continue to offer the
…show more content…
However the requirement also allows CPAs to attend seminars, webinars, and internet based lectures and symposiums and then the hours spent can be accounted towards CPE. Additionally, CPAs often seek memberships with state associations and this in turns helps them to get discounts and offers on seminars and they also provide CPAs with an opportunity to tracking and lobbying legislative issues that affect the local state tax and financial planning and hence the interests of public and CPA as a profession are protect. Therefore as per my self-esteem aims, this attracts me to contribute to the society and its well being apart from making a name for myself in the

Related Documents

  • Decent Essays

    Cpa Case Study Ron

    • 207 Words
    • 1 Pages

    I have caught up with Ron a couple of months since the last appointment. I spoke to Ron over the phone a month ago and having been on CPAP for a few weeks, he was certainly feeling much worse and had since recommenced treatment and indeed purchased a machine. There has certainly been some improvement in symptoms and overall Ron is finding CPAP easier to use second time around. Nonetheless, he does continue to report ongoing daytime somnolence.…

    • 207 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    PCAOB Lawsuit

    • 681 Words
    • 3 Pages

    There are a lot of many different companies in many different industries across the globe. One of those industries is the accounting industry. Which has many different careers and titles; there is tax accountants, forensic accountants, financial advisors, and auditors. This essay will discuss what the PCAOB does, some consequences if firms do not do their audit correctly, a recent lawsuit, and what they did in result after the lawsuit. Like other accounting firms, the PCAOB has several duties.…

    • 681 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Individual Programs and Collaborations Many individual firms and state CPA boards are also pursuing diversity initiatives in the profession by collaborating with other groups of professional organizations. Many of these individual programs provide valuable insights that help minority youths to gain a glimpse into what a career in accounting and business could be like. (Ross) For example, NABA and PwC have created a partnership in order to create the Accounting Finance Pipeline Initiative. AFPI is a high school program focused on providing inner-city youth with the opportunity to excel in a post-secondary education of business related fields.…

    • 1384 Words
    • 6 Pages
    Great Essays
  • Decent Essays

    All students must be pursuing a career in auditing to. Funds are generated from "collection of monetary penalties imposed by PCAOB" according to the Sarbanes-Oxley Act of 2002. PCAOB has selected "Scholarship America of Minneapolis, Minnesota, to administer and manage the program on their behalf." PCAOB and Scholarship America of Minneapolis will invite participating educational institutions and nominate an "eligible student as a recipient of the PCAOB Scholarship" before the deadline date. "The scholarships are one-time awards made payable to the educational institution for eligible expenses such as tuition, fees, books, and supplies.…

    • 678 Words
    • 3 Pages
    Decent Essays
  • Great Essays

    INTRODUCTION Paralegal certification is available in four states while only two states offer document preparer certifications through their State Bar Associations. These states require a certification examination to educationally qualified paralegals or legal assistants prior to the Bar Associations authorizing the paralegal to use the title of “Certified Paralegal,” however, certification is not required in these states to work as a paralegal. The American Bar Association defines a paralegal as someone with the education and work experience required to work for an attorney or law firm performing specific duties for which the attorney is responsible. Without the American Bar Association recognizing someone as “certified paralegal” the title…

    • 2043 Words
    • 9 Pages
    Great Essays
  • Improved Essays

    Becoming a Physician Assistant The Career that I chose to explore for the assignment is a Physician Assistant. A Physician Assistant, also known as a ‘PA’, is a healthcare professional who is a part of a healthcare team with collaborating doctors and providers. They can offer a broad range of health care services in preventing and treating illness and injury. Depending on the PA’s scope of practice, their work load may include review of patient histories, physical exams, diagnosing illnesses, treatment plans, immunizations, ordering and interpreting tests, prescribing medications, performing procedures and assisting in surgery.…

    • 1109 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    In-Training Position

    • 235 Words
    • 1 Pages

    Please accept this letter as my expressed interest in applying for a Financial Examiner 1 In-Training position. I am in the final stages of completing my Master of Public Administration from The Evergreen State College and seek a position that will allow me to use my acquired skills. My interest is in consumer protection and compliance. Course work has included Doing Democratic Public Administration; Policy, Finance and Budgeting for Public Administration; Grant Writing Essentials, and currently participating in Internal Audit and Public Stewardship.…

    • 235 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Since acting as a Chief Financial Officer, I have returned to the life of an auditor traveling to a variety of communities throughout the country auditing nonprofits and governments. Even though I have held the job of an auditor previously, it seems different. My clients appreciate how I relate to their daily struggles. Consequently, they appear more willing to share information and discuss their business or life in general. Realizing the importance of human aspects in business through my experiences has aided me in greater ways than a course could teach.…

    • 779 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    There are many benefits to becoming a nationally credentialed medical assistant, since more employers are requiring certification as a hiring criterion, being certified tends to make medical assistants more attractive to employers. Since certified medical assistants have demonstrated their expertise in medical assisting duties, employers see it more an assets than a non- certified ones. Some benefits of medical assistant certification include; greater employability, greater earnings potential and greater career growth. A medical assistant should have both administrative and clinical skills.…

    • 380 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Fronckiewicz (50) and Sarah E. Adams (52). Fronckiewicz was the coordination partner who oversaw the financial statement for Weatherford International, he also was a licensed Certified Public Accountant (CPA). On the other hand Adams was the tax partner who reviewed the work made by the tax professional on the audit, she was also a CPA. Both of the CPA’s failed to follow a procedure that is required by the Public Accounting Oversight Board (PCAOB). They were not doing there job according to standards.…

    • 1013 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Certified Fraud Examiner

    • 393 Words
    • 2 Pages

    What is a Certified Fraud Examiner? These are people who put many hours of hard work into finding any fraudulent acts that a company may be causing. The adventures but, nevertheless, important, relationship between investigators and clients is something that needs to be understood. While some have been captivated by fraudulent acts people portray, some don’t find it as interesting as others do. Although it is a very interesting topic, the certified fraud examiners have skills and training that make them investigators, much like an FBI agent who investigates crime.…

    • 393 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Health care is a vast industry that is full of various providers of care, types of care and locations in which it can be provided. In order to provide consumers and employers a means of determining adequacy and continuity of care, professional agencies have been enlisted. They work to provide a standard of care and accreditation to employers looking to ensure compliance and funding requirements. “Accreditation is a process of review that healthcare organizations participate in to demonstrate the ability to meet predetermined criteria and standards established by a professional accrediting agency”(What is Accreditation, 2008). Professional organizations such as Joint Commission (JC) and Accreditation Commission for Health Care (What is Accreditiation,…

    • 1006 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    a. What is accounting and how does it help you manage your personal finance? b. Describe the three products of accounting and bookkeeping procedures that are most useful in personal financial planning. C. How could personal financial software assist you in your personal financial decisions? Accounting is one of those tools that make complex things like a huge sum and its breaking down through somehow diverse and seemingly unrelated activities look relatively easy to grasp to us as we strive to follow it basics principles before we get to its most difficult parts as people who stepped on the earth centuries before tried to do and as our descendants will testify about us and just as like we are doing right now . Investopedia defines accounting…

    • 1243 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    After searching nearby employers in accounting field, I will create the list of employers that offer training and provide job opportunities to individuals with no work experience in the accounting field. After creating the list, I will make a chart to contact potential employers by writing cover letters, by phone or by on site visiting. In order to manage job interviews and follow-ups I will create a daily to do list. This will help me to manage and follow-ups my interviews and other routine works. To reach the level of my desire goal of CPA, I need to pass an exam that meets the New York state requirements.…

    • 749 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    The lower level of certifications is called the Certification of Competency in Business Analysis (CCBA) which carries these requirements: Minimum 3750 hours of business analysis work experience aligned with the BABOK® Guide in the last seven years Minimum 900 hours in two of the six knowledge areas or 500 hours in four of the six knowledge areas Minimum 21 hours of Professional Development in the past four years Minimum high school education or equivalent Two references from a career manager, client or Certified Business Analysis ProfessionalTM (CBAP®) recipient Signed Code of…

    • 1153 Words
    • 5 Pages
    Great Essays