nav-left cat-right

Overview of Certified Public Accountant

Description Certified Public Accountants is the legal name of licensed accountants in many countries in the English-reading world. Generally, it is usually equivalent to the term of chartered financial accountant in many other English-reading countries. In the United States, however, the CPA is simply a license for provide financial accounting service to the general public. These accountants are required by law to be licensed with the relevant jurisdiction. This is done to protect consumers from fraudulent activities and ensure that the laws and regulations are complied with by these accountants. Hence, this profession is one of the highly regulated professions in the United States. Have a look at Virginia Beach Certified Public Accountant.

The professional body, Certified Public Accountant (CPA) is governed by a self-regulatory organization (SRO). This is an organization that governs the professional practices of accountants and self-regulatory organizations such as CPAs. CPA also develops standards for setting quality standards and maintains membership of the National Association of CPAs (NAPA). As per CPAs state licensing requirements, CPA become a member of the NAPA upon registration. The next step then is for the CPA to obtain CPA certification, which are conducted by third-party organizations such as the Institute of Chartered Accountants in U.S. (ICCA), and the National Association of Legal Assistants (NALA).

Although Certified Public Accountant designation requires a number of educational and practical requirements, one of the prerequisites is completion of a four-year bachelor’s degree. Some accountants also join the National Association of Legal Assistants to enhance their knowledge on accounting matters. However, all accountants can benefit from becoming a Certified Public Accountant (CPA) because this designation is associated with high levels of professional credibility, responsibility and integrity.