Things to Understand About CPA License Requirements
The CPA profession has changed drastically after several years and because of such, the CPA requirements have also changed. CPAs now are not only 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. There are a lot of those who end up in boards of the directors as well as the audit committees.
You need to have that CPA license if you are planning to practice public accounting, when you want to be a partner in such public accounting firm. You must have that CPA license to be able to do auditing work and also to provide attestation services. These are two main and biggest service offerings of the public accounting firm. However, you must not worry about any CPA requirements if you would plan to work inside the public or such 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.
The other lucrative careers wherein the CPA license is quite valuable are the management accounting, tax accounting, government accounting, mergers and acquisitions, internal auditing and consulting. 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.
The CPAs are being granted their licenses through every individual 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. If you have such, then you could now prepare the requirements for the CPA exam. For you to be very prepared for the challenging professional exams, then you must have that CPA course.
Such CPA exam is one pencil and paper exam in which you need to take all the four parts. 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.