CPA Questions & Answers

CPA Questions & Answers What other firm employment opportunities are there besides the Big 4? Besides the Big 4, there are medium-sized, regional, and small firms that provide employment opportunities. Small firms are a great way to gain the knowledge and experience you need on a less overwhelming level. Also, small firms provide more opportunities

CPA Questions & Answers What is the difference between a CPA and an MBA? 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

CPA Questions & Answers What is the difference between a CPA and an Accountant? 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

CPA Questions & Answers What is the difference between a CPA and a CMA? 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

CPA Questions & Answers What is the difference between a CPA and a CIA? 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

CPA Questions & Answers What is the difference between a CPA and a Chartered Accountant? 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

CPA Questions & Answers What else can I do with my CPA license other than Public Accounting? Other than Public Accounting, you can choose a career in a private company, with a government agency, non-profit organization, or university. Working for a private company gives you the opportunity to work in financial accounting and reporting, management

CPA Questions & Answers If I want to work internationally or move across the country, when should I mention this in the interview process? Preferably, indicate your willingness to relocate for a position in the summary section of your résumé by specifying your relocation availability or preference. Your cover letter is the perfect place to

CPA Questions & Answers How much money does a CPA make? In its 2015 salary guide, the finance recruitment firm Robert Half International stated that accounting professionals with a professional certification or master’s degree make 5% to 15% more, on average, with a CPA being the most desired credential. For example, the Robert Half range for a

CPA Questions & Answers Do I have to choose a career within either audit or tax? As a CPA, you do not have to choose a career in either audit or tax. There are a wide variety of career options available. You can choose a career working in diverse areas such as: Financial accounting and

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

CPA Questions & Answers Are CPAs and Accountants the same thing? All CPAs are accountants but not all accountants are CPAs. In many states, anyone can call himself/herself an “accountant.” In order to become a CPA, almost all states require that an individual meet education, experience, and ethical requirements and pass the Uniform CPA Examination.

CPA Questions & Answers Why should I get a CPA license over a different accounting certification? Although becoming a CPA is a difficult process, it is worth the effort. Earning a CPA license demonstrates a commitment to the profession and often highlights potential candidates for leadership and management positions. Due to a shortage in experienced

CPA Questions & Answers What career options are available that require a CPA License? Within public accounting, you can work for any size firm, ranging from a large, international CPA firm to a small local accounting practice. Within the firm, you can work in such areas as audit, tax and management consulting. The same holds