Not all accountants may call themselves a certified public accountant (CPA). A CPA must adhere to certain professional and technical requirements.
CPAs are relied upon because of their keen analytical and decision-making skills. Their clients also value their objectivity, integrity and dedication to service. CPA services go well beyond accounting, auditing and reporting.
CPAs are tested and certified. A CPA is an accountant who has been certified by their state’s Board of Accountancy after they have passed a rigorous exam.
CPAs have a college degree. Eligible candidates must graduate with an appropriate baccalaureate or master’s degree from an accredited college with a focus on accounting or finance.
CPAs must meet certain work experience requirements in public accounting, corporate accounting or finance or in academia to receive a CPA certificate.
CPAs take continuing education. Active CPAs continually meet continuing education requirements, they must meet continuing education requirements every there years in order maintain an active CPA certificate.
CPAs follow a strict code of ethics. In addition to education and licensing requirements, members of the California and Nevada Societies of CPAs are bound by a strict code of professional ethics and are required to take ethics courses.
Why use a CPA instead of just an accountant?
|Required to pass the rigorous Uniform CPA Examination||X|
|Must pass state ethics exam||X|
|Certified and regulated by state law||X|
|Maintain continuing education to remain an active CPA||X|
|Prepare tax returns||X||
|Rated most trusted business advisor in national studies||X|
|Licensed to audit financial statements of entities of all sizes||X|
|Provide bookkeeping services||X||
|Adhere to their strict code of ethics||X|
|Mandated to undergo intensive peer view approved by state||X|
|Comply with professional standards in all services provided on behalf of the public||X|