Certified Public Accountant (“CPA”)

What are the requirements for becoming a CPA?
The requirements, which are set by each state board of accountancy, include: completing a program of study in accounting at a college or university, passing the Uniform CPA Exam, and obtaining a specific amount of professional work experience in public accounting (the required amount and type of experience varies according to licensing jurisdiction). CPAs holding an active license must maintain substantial continuing education.

What is the Uniform CPA Exam?
One of the world’s leading licensing examinations, the CPA Examination serves to protect the public interest by helping to ensure that only qualified individuals become licensed as Certified Public Accountants (CPAs). The Uniform CPA Exam is one of the “Three E’s” – Education, Examination, and Experience – that are required for licensure as a CPA.  Consequently, passing the Examination is not, in itself, sufficient to meet requirements for licensure.

What kinds of services do CPAs provide?
CPAs provide a wide range of services and are employed in public accounting and other professional services firms, business and industry, government and education.  CPAs in public practice are engaged by their clients for a variety of services including accounting, auditing, tax, personal financial planning, technology consulting, business valuation and financial forensics.  CPAs employed in business, industry and government are likewise responsible for activities from accounting and financial reporting, implementing and managing internal controls and information systems, to compliance with tax and other laws and regulations and other areas of business and financial management.