Description Certified Public Accountant is also the name of accountants in many countries in the English speaking world. Generally it is equivalent to the name of a chartered accountant in other English speaking countries. In the United States, usually the CPA is an authorized license to offer financial accounting services to the general public. He is supposed to be knowledgeable about financial matters and should posses the necessary knowledge to analyze the financial records and to prepare a financial report in line with the requirements of the government. Visit us on Certified Public Accountant near Me.
In order to become a certified public accountant, you need to have the course work from accredited colleges and at times even you need to acquire the exam for CPA. The CPA examination consists of written and practical examinations. Well-qualified people are required to take the examination under the supervision of certified public accountants (CPA) who are professionally trained. They are well aware of different financial statements like income statement, balance sheet, and statement of cash flows and many more. Therefore, the exam will only give you the right knowledge to work as a CPA. After that, you are free to start your business as a certified public accountant.
Generally, people who hold the designation of Certified Public Accountant can work as financial analysts, tax auditors, or management consultants for large public companies. The United States Government recognizes different accountants by recognizing their special field of specialization. As the designation of Certified Public Accountant (CPA) is available by the United States Government, accountants are required to obtain a Federal licensing or certificate. This license allows them to practice as Certified Public Accountant in the United States. The license proves that the person is following the rules and regulation of the United States Government and is capable to undertake accounting as required by the government.