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What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA : This article to licensing includes education, examination and experience.

Before you do anything else, complete a program of study in accounting at a college/university. The AICPA recommends at least 150 semester hours of college coursework.

The next step is to sit for the Uniform CPA Examination. While the Exam is developed and graded by the AICPA, eligibility to sit for the CPA Exam is determined by the state board of accountancy in each of the 55 U.S. jurisdictions (includes the 50 states, District of Columbia, Puerto Rico, U.S. Virgin Islands, the Commonwealth of Northern Mariana Islands, and Guam). Please visit the certification section of this Web site for more information about the Examination process.

Upon passing the CPA Exam, you will receive your CPA certificate. This is not a license to practice. There are other educational and professional work experience requirements for licensure that vary from state to state. Our certification section offers more details on these requirements.

Once you have obtained your CPA license to practice, you will need to take continuing professional education courses annually to retain your license.

What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA :  A certified public accountant (CPA) in today’s environment must not only have a high level of technical competence and a sense of commitment to service, but must also have good communications and analytical skills, and the ability to work well with people. Employers are looking for individuals who have the ability to analyze and evaluate complex business problems and the interpersonal skills and maturity to make decisions in a client- and customer-service environment.

To obtain the required body of knowledge and to develop the skills and abilities needed to be successful CPAs, students should complete 150 semester hours of education. Many states/jurisdictions now require or will require 150 semester hours of education for obtaining the CPA license. Colleges and universities in these states/jurisdictions determine the curriculum for pre-licensure education of CPAs; it typically features a good balance of accounting, business, and general education.

What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA : There are a number of reasons why a traditional four-year undergraduate program is no longer adequate for obtaining the requisite knowledge and skills to become a CPA:

  • Significant increases in official accounting and auditing pronouncements and the proliferation of new tax laws have expanded the knowledge base that professional practice in accounting requires.
  • Business methods have become increasingly complex. The proliferation of regulations from federal, state, and local governments requires well-educated individuals to ensure compliance. Also, improvements in technology have had a major effect on information systems design, internal control procedures, and auditing methods.
  • The staffing needs of accounting firms and other employers of CPAs are changing rapidly. With more sophisticated approaches to auditing now in use, and with the increase in business demands for a variety of highly technical accounting services and greater audit efficiency, the requirements for effective professional practice have increased sharply. The demand for a large quantity of people to perform many routine auditing tasks is rapidly diminishing.

What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA :

Many colleges and universities offer bachelor’s and master’s degree programs in accounting. To obtain 150 semester hours of education, students do not necessarily have to get a master’s degree. They can meet the requirement at the undergraduate level or get a bachelor’s degree and take some courses at the graduate level. Students can also choose any of the following:

  • Combine an undergraduate accounting degree with a master’s degree at the same school or at a different one;
  • Combine an undergraduate degree in some other discipline with a master’s in accounting or an MBA with a concentration in accounting;
  • Enroll in an integrated five-year professional accounting school or program leading to a master’s degree in accounting.

In most cases, the additional academic work needed to acquire the technical competence and develop the skills required by today’s CPA is best obtained at the graduate level. Graduate-level programs are an excellent way to more fully develop skills such as communication, presentation, and interpersonal relations, and to integrate them with the technical knowledge being acquired.

For these reasons, leading professional organizations such as the AICPA, the National Association of State Boards of Accountancy, and the Federation of Schools of Accountancy have consistently supported the 150-hour education requirement for entry into the accounting profession.

What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA :The first thing you should know is that the AICPA is a voluntary membership organization and does not license CPAs in the U.S. Licenses are granted by the individual states. Once you decide in which state you would like to become licensed, you should contact the State Board of Accountancy in that state for further information on their requirements. You may be requested to send a copy of your university transcripts to that state in order for them to verify your educational qualifications. If applicable, they would then tell you what additional courses you need to complete before you would be permitted to sit for the CPA Exam. It is possible that you would be able to complete those courses in the country where you are located. Contact the State Boards of Accountancy for more information.

Once your educational qualifications meet the requirements of the state board, you are then eligible to sit for the CPA exam. This exam is primarily offered only in the United States, although there are sites in Guam, Puerto Rico and the U.S. Virgin Islands. In 2011, the CPA exam will be offered in select locations overseas.  Find out more in this AICPA International Testing FAQ.

After passing the exam, and meeting necessary experience or other requirements, the State Board of Accountancy would then issue you a CPA license. Once you have been issued a CPA license, you are eligible for full membership in the AICPA.

What Do I Have To Do To Become A CPA

What Do I Have To Do To Become A CPA :  Unfortunately, the designation from the ACCA is not generally recognized by the states in the U.S., so you are required to complete all of the regular requirements to become a U.S. Certified Public Accountant (CPA). Information on becoming a CPA in the U.S. is available here.

The AICPA is a voluntary membership organization and does not license CPAs in the U.S. Licenses are granted by the individual states. Once you decide in which state you would like to become licensed, you should contact the State Board of Accountancy in that state for further information on their requirements. You may be requested to send a copy of your university transcripts to that state board in order for them to verify your educational qualifications. If applicable, they would then tell you what additional courses you need to complete before you would be permitted to sit for the CPA Exam. It is possible that you would be able to complete those courses in the country where you are located. For more information, contact the State Boards of Accountancy.

Once your educational qualifications meet the requirements of the state board, you are then eligible to sit for the CPA exam. This exam is primarily offered only in the United States, although there are sites in Guam, Puerto Rico and the U.S. Virgin Islands. In 2011, the CPA exam will be offered in select locations overseas.  Find out more in this AICPA International Testing FAQ.

After passing the exam, and meeting necessary experience or other requirements, the State Board of Accountancy would then issue you a CPA license. Once you have been issued a CPA license, you are eligible for full membership in the AICPA.

What Do I Have To Do To Become A CPA

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