A certified public accountant (CPA) is a professional accounting designation given to those who have completed the necessary education and examinations. A CPA is licensed by their state’s board of accountancy and is able to provide a variety of accounting services, including auditing, taxation, and financial planning. CPAs are also subject to ethical standards and are required to complete continuing professional education (CPE) on a regular basis.
The CPA designation is the highest accounting credential in the United States and is recognized internationally. To become a CPA, candidates must pass the Uniform CPA Examination, which is administered by the American Institute of Certified Public Accountants (AICPA). The examination covers a wide range of topics, including auditing, business law, ethics, taxation, and financial accounting. Candidates must also meet their state’s specific requirements, which can vary depending on the jurisdiction.
CPAs are highly sought-after professionals who are employed in a variety of industries. They often work for accounting firms, but they can also be found working in corporate accounting departments, government agencies, and non-profit organizations. CPAs play an important role in ensuring the accuracy of financial statements and providing advice on tax and financial planning matters.