CPA Preparation
Certified Public Accountant (CPA) is the title of qualified accountants in the United States that have demonstrated their accounting proficiency by passing the Uniform Certified Public Accountant Examination and have fulfilled specific state requirements. These accountants are trusted by millions of Americans for tax preparation, auditing, and a variety of other accounting needs. The CPA exam is composed of four sections: 1) Auditing and Attestation-planning the engagement, internal controls, obtaining and documenting information, reviewing engagements and evaluating information, and preparing communications, 2) Financial Accounting and Reporting–knowledge of concepts and standards for financial statements, typical items in financial statements, specific types of transactions and events, accounting and reporting for governmental agencies, and accounting and reporting for non-governmental and not-for-profit organizations, 3) Regulation–ethics and professional responsibility, business law, Federal tax procedures and accounting issues, and 4)Business Environment and Concepts–business structures, economic concepts, financial management, information technology, and planning and measurement.
In general, each state additionally requires 150 semester credits, a bachelor’s degree, and a specified number of business and accounting courses. Bachelor’s or Master’s programs can satisfy these requirements to sit for the CPA exam.
