One of the first questions many people ask when they are considering making a career change is, “What is a CPA?” This question is particularly important if you are a career changer who wants to start your own business or work for someone else. A CPA is a Certified Public Accountant, which is an accounting degree that qualifies one to work in the accounting field. You will be an accountant if you are a Certified Public Accountant (CPA) with a specialization in finance.
This means that you will need to understand finances and tax planning.
Have great math skills, and be able to analyze and interpret data, as well as predict what financial statements mean. Most people with a CPA certification have careers that involve working with investors, or analyzing a company’s financials.
While a CPA isn’t the most glamorous career, it can be very rewarding. Many people who work in a CPA position find that they enjoy the sense of accomplishment and having their work recognized for its accuracy.
If you want to start your own business or work for someone else, being a CPA is one of the best options. You may start with an entry-level job as a bookkeeper or accountant. If you work your way up, you can have many different fields and jobs, including working with investors or helping companies with financial planning.
The career of a CPA is typically tenured, which means that the job lasts for twenty years. Most people start in this field at the senior level, which means that you start at the level of a Master’s or higher degree. Those who start later in their careers usually become CPA’s with the entry-level level positions.
For people who want to start their own business, CPA’s have some of the best credentials. In order to be eligible for a license, you must be certified by a governing agency in your state. There are three agencies that certify CPA’s. The American Institute of Certified Public Accountants (AICPA), the Association of Certified Public Accountants (ACCPA), and the National Association of Professional Accountants (NAPA).
Another reason that a CPA is a great career choice is that the CPA license is one of the most highly sought after licenses in the United States. People with a CPA license can enter into a variety of careers, such as public accounting, financial accounting, and management consulting.
A good CPA has an extensive knowledge about accounting.
Tax planning, investing, and investment analysis. It is also a requirement that candidates learn all of the principles of legal and regulatory compliance.
You will often start at the lower levels of an accounting firm, such as a payroll department, before moving up to the upper level, which means that you will be responsible for setting and auditing the financial statements for the entire company. Since these jobs require you to have a broad range of experience, you will usually end up working for more than one organization at one time. This can be quite advantageous for those who want to build their career and find out where they fit in.
To become a CPA, one needs to earn an undergraduate degree in accounting, as well as at least one year of graduate study in tax law. Since the CPA license is a highly competitive license, anyone who can apply and pass the CPA exam needs to be on the fast track to success. Getting a CPA license can help someone with their professional life.
If you are wondering what is a CPA, then start by reading up on the CPA examination. You can use the NCLEX-PN, the official statetest, or any other test that you feel will be appropriate for your state.
- Most people are surprised to hear that there is a CPA career path.
- They are often amazed that a CPA could be so much more than an accountant.
- Anyone who wants to make a difference and help make the world a better place should consider a career in the field of Certified Public Accountants.