What you Must Know Regarding CPA License Requirements
The CPA profession has changed drastically after several years and because of such, the CPA requirements have also changed. The CPAs now are not anymore traditional accountants. So many are going to take operational leadership roles of all types and the others are going to move on in order to be a part of the C level suite of the company. So many are actually ending up in the boards of directors as well as the audit committees.
You must have a CPA license when you are planning to practice public accounting, particularly when you want to be a partner in the public accounting firm. You should have such CPA license so that you can perform auditing work and to offer attestation services. Such are the two main as well as biggest service offerings in the public accounting firm. You shouldn’t worry too much regarding the CPA requirements when you are planning to work in the public or that private organization.
So many companies would require that their employees have CPA license that is active especially when they are in the key accounting as well as financial roles like the controller or such chief financial officer. If you are interested to hold that key position in the accounting firm or in any type of organization, then you should have such CPA license because this is the important credential which you must get in order to be sure that you will have the best and profitable career.
Other lucrative careers in which the CPA license is very valuable would include the management accounting, government accounting, mergers and acquisition, tax accounting, consulting and internal auditing. Due to the growth in such global business landscape, such statistics show that there is that shortage of CPAs but there are a lot of students which pursue that CPA career due to the many opportunities which are available.
CPAs are granted their license through each State’s Board of Accountancy. For such reason, the CPA license requirements may vary from one state to the other. However, there are a lot of similarities between the states because each state must comply with such Uniform Accountancy Act.
When you would talk about the educational requirements, you need to have such bachelor’s degree that needs 150 hours of education. When you already have that, you would be qualified to prepare for such CPA exam requirements. You would like to take that CPA course in order to prepare for one of the most challenging and the biggest professional exams which exist.
The CPA exam is actually a pencil and paper exam in which all of the four parts should be taken. You should think of the form of preparation as well as the psychological standpoint. Nowadays, you may take the Prometric CPA exam that is a uniform exam and may be taken at one of the testing locations at your convenience when you are prepared.