Modern business woman or confident female accountant in office
If you’re thinking of becoming a CPA – congratulations! Your career path is excellent, especially if you’re interested in accounting, taxation, and business management.
As a Certified Public Accountant, your job prospects are more than solid – stellar. You can expect to earn, more or less, $65,000 a year. As always, it depends on your experience and where you work, but that’s an excellent starting salary.
But how do you become a CPA? What qualifications and experience do you need?
Keep reading as we discuss what you need to know to become a CPA.
How to Become a CPA?
Becoming a CPA is a long and challenging process, but it can be very rewarding. Though, there are a few requirements you must meet first before you can become a CPA.
Complete the Required Education
To become a Certified Public Accountant (CPA), you must complete the required education, pass the Uniform CPA Examination, and meet all other requirements specified by the state where you intend to practice.
Most states require 150 semester hours of college education for licensure, equal to about five years of full-time study. Of these 150 hours, many will be in accounting and related courses.
Most CPA candidates have a bachelor’s degree in accounting. However, a bachelor’s degree in business with a concentration in accounting is also acceptable in many states.
Sit for the Uniform CPA Examination
To become a certified public accountant (CPA), you must sit for the Uniform CPA Examination. This exam is administered by the American Institute of Certified Public Accountants (AICPA).
It is a four-part exam that covers topics such as auditing and attestation, business environment and concepts, financial accounting and reporting, and regulation. You can find more information on the AICPA website.
To ensure you are prepared, it is recommended that you take a review course. Familiarize yourself with the exam content and format.
Obtain Experience in the Field
By being involved in your state’s CPA Association, you can learn about the accounting profession and obtain the experience employers are looking for. They can guide you on the steps you need to take to become licensed.
Your state’s CPA Association can also offer opportunities to get involved in various accounting activities. They also have student chapters that provide educational programs and network opportunities.
To gain more insight about the profession and be surrounded by people who can help you gain experience, visit https://network.wealthability.com/. They can help you practice your profession better.
Be a State Licensed Accountant!
A CPA can be a great addition to any business or organization. They help provide financial stability and direction.
However, becoming a CPA is not an easy task. It requires dedication, time, and effort.
This guide can help you on the path to become a CPA. By following these steps, you can be on your way to becoming a certified public accountant. You will be able to provide high-quality accounting services to individuals and businesses.
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