This is roughly the population of El Paso, TX! These four states have approved the interstate information sharing process, but have yet to be implemented into the system. I know what you are thinking.
Great question, but each state board of accountancy already thought about that and made sure not to double count individuals licensed in more than one state. This figure is up since the data that showed , active and licensed public accounting professionals in the United States. This increase is a good sign for public accountancy as a profession, and a good sign for the financial industry overall. You'll be surprised!
Losing motivation? EA exam what's right for you in ? View All. Generally, the growing trend of people obtaining CPA licensure in the USA and entering the profession would be a good thing. However, growth has become stagnant over the last few years, only growing at a rate of 1 percent. Actually, if you look back to the s, the total number of first time licensed CPAs in the USA has declined about 20 percent. There are three main requirements for taking the CPA Exam. One of the main qualifications to sit for the exam is advanced education.
Undergraduate degrees carry credit hours. The CPA exam usually requires credit hours. This means students will have to achieve 30 hours of graduate level coursework. The exam also tests some of the laws of the state including contract and state laws and often tests the knowledge of federal laws as well. The third requirement to sit for the exam is usually some type of experience in the field of accounting. While not mandatory in all states, some states require that a CPA candidate have 2 years of work experience in accounting or tax preparation.
Some states only require general experience in accounting. While the main function is to offer public accounting services, the CPA designation can allow accountants to do many other things. One of the main functions of a CPA is auditing, either for a small or large business.
Auditors go through financial statements and make sure there are no discrepancies. In addition, many CPAs work in the tax field working income taxes and federal and state taxes for small or mid-sized companies.
CPA license follow the same process as U. We also offer testing in 15 countries outside the U. NASBA can help guide you through the application process. Find out what it means to your CPA journey. Log in Register. Copy Link Create shortcut.
Aug 03, 1 min read. Get familiar with the CPA Exam by practicing with our sample tests. Oct 19, 2 min read.
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