Certified Public Accountant (CPA)- A Closer Look
Certified Public Accountants is the legal name of accountants in several countries in the English speaking world. Usually it is equivalent to the name of a chartered financial consultant in other English speaking countries. In United States, the CPA is actually a legal license to offer accounting services to public. The general public may have limited rights to the services provided by these certified public accountants and they cannot act as their own lawyer or legal adviser. These certified public accountants must have a license from the appropriate government office in the accounting district where they practice before being allowed to offer the financial services. Get more informations of Certified Public Accountant near me
These certified public accountants are expected to have a strong knowledge of financial statements, taxation law, internal bookkeeping practices, money flow analysis, budgeting, and business contracts. They must also have strong mathematical skills and be familiar with the computer software programs used in the accounting industry. Generally, people who aspire to becoming one of these accountants are having four years of relevant experience or at least a bachelor’s degree in accounting or finance, or a related field.
State requirements to be a certified public accountant, the individual must pass the state exam for this profession. The exam requirements and process vary from state to state. For example, in Texas it takes about five hours of reading material, examination, and a final written test before the CPA can apply for the certification. Other states do not have very strict criteria when it comes to certification.