Get to Know More on 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 more than just 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 many of those who are ending up in the boards of directors and 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. The two primary and the 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.
Due to this, there are a lot of companies that would prefer to have their employees in the key accounting as well as financial roles such as controller or that chief financial officer to have such active CPA license. 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. Because of that growth in the global business landscape, those statistics show that there is really a shortage of CPAs but there are many students are pursuing such CPA career because of the different opportunities that are available in the long run.
The CPAs are being granted their licenses through every individual state’s Board of Accountancy. Because of this reason, there can be different requirements from each state when it comes to CPA license requirements. 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 this, then you would be qualified to prepare for the 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.
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. You may go for the Prometric CPA exam that is a uniform exam and this can also be taken at one of such testing areas when you are really ready.