A certified public accountant ( CPA) is a state-licensed professional accountant trained to work with companies and individuals in all accounting matters.
CPAs understand business systems' functionality from a micro and macro perspective and may work with influential business leaders to strategize and record financial growth. CPAs also take on an extended role compared to personal bookkeepers and accountants.
Unlike bookkeepers and accountants, CPAs can represent their clients in court and ensure their financial statements and tax information is certified and complete. Additionally, states require certified public accountants to undergo yearly training and studying.
Accountants interested in becoming a CPA must complete a comprehensive technical exam, determining their aptitude and knowledge of accounting principles and practices. Less than 30% of people pass the complete exam during their first attempt. The exam is commonly thought of as the most difficult professional exam.
Those able to complete this exam stand at the top of their professional field and open themselves up for more substantive work, higher pay, and more significant job opportunities.
