CPA Questions & Answers

CFA vs CPA?

CPAs have met licensing requirements for the state in which they practice accounting. State licensing requirements vary but typically include 150 hours of education (30 hours beyond the typical 120-hour bachelor’s degree in accounting). Licensing requirements also always include some documented experience and achieving a passing score on the Uniform CPA Examination.

The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the American-based CFA Institute to investment and financial professionals. The program covers a broad range of topics relating to investment management, financial analysis, stocks, bonds and derivatives, and provides a generalist knowledge of other areas of finance. To become a CFA, candidates must have four years of qualified work experience and complete the CFA Program which includes passing three six-hour exams.

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