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Kamis, 15 September 2016

Certification And Licensing For A Certified Public Accountant

By Richard Davis


Certified accountant is the common term for a person who has been qualified as one of the accountants. For them to get their certification for CPA, they are required to pass the accountant examination and as well as attaining additional education and experience to become a member and to obtain the certificate. For those who failed the examination and were not able to experience an on the job work, their status will be as a CPA inactive.

There are many states who are prohibiting the use of the certified accountant term to persons who are not verified yet as a CPA in that state. It means that they are not supposed to be called until they are not going to obtain their license or certificate. The certified public accountant San Luis Obispo relates to the services of assurance or commonly known as the financial audit services.

In order to become certified, the candidate must pass the Uniform CPA Examination. The eligibility of an individual to sit in the exam was determined by the boards of accountancy in the state. All states are adopting the 150 rule, which means to have a 150 college semester units.

This rule usually is requiring another one year of education after the four years college degree or masters degree. Most of the universities are already offering the 5 years bachelors degree or masters degree program, thus, allowing the students in earning both of the degrees. And also it allows them to receive right away the 150 hours which is needed for the exam eligibility.

Certification and licensing requirements are needed as well but these varies in different places. The requirements of the qualification are examination, education, and experience. Requirement for education should be completed so students can take the uniform exam. In two tier states, if the student passes the examination, the student will be certified directly. And if or she accomplishes the given amount of working experience, the student will be given his or her license.

In some other places, they use one tier system in which the individual may be licensed and certified at one time, only if the exam and job experiences requirements are met. Being different from the other professionals, the important requirement of accountants is having continuous education even after certification. They are obliged to have these courses in order to continue developing professionals.

Some places may require 40 hours of the general professional ethics every year. This can be fulfilled by attending seminars or by self studying through online courses, textbooks, or videos. So this means that the boards may accept internet based credits for the requirements and there are also states that accepts credits from the self study format.

There are many people who are appointed in many lower tier states regarding the qualifications. Some are appointed as public accountant and also as licensed public accountant. Some might also be appointed as an accounting practitioner or registered accounting practitioner.

These are the terms which are usually assigned for the licensing of non CPA accountants. These are the accountants that practiced before the state of law. In most places, they are prohibiting these designations of LPA or PA to a person who is not yet verified as a PA in that place.




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