What is a CPA?

What is a CPA?

A CPA -- Certified Public Accountant --is a financial professional who speaks the language of business. Today's CPA is in high demand as one of the most valued members of any business team. CPAs are valued professionals who are running major corporations, starting exciting entrepreneurial endeavors and developing their own practices that handle much more than tax returns. CPAs do many things for businesses and individuals. Basically they analyze how money is used by businesses, non-profit organizations, governments and individuals. If it's about money it starts with accounting.

What are the Requirements to Become a CPA?
 

To become a CPA, you need to meet the requirements of the state or jurisdiction in which you wish to practice. These requirements, which vary from state to state, are established by law and administered by the state boards of accountancy.

To qualify for certification, you must:

  1. Education Requirements: applicants must receive a bachelor's degree from an accredidated college or university with a concentration in accounting or the substantial equivalent determined by the Georgia State Board of Accountancy.  Applicants for a CPA designation must have completed 30 quarter hours or 20 semester hours in accounting subjects above the elementary level at a four-year accredited college or university.

  2. CPA Exam: applicants must have the above requirements to be eligible to sit for the Computer Based Uniform CPA Exam.  In order to become a CPA, candidates must past all four sections of the exam (Business Environment and Concepts, Auditing and Attestation, Regulation, and Financial Accounting and Reporting). 
  3. Work Experience: An applicant who meets the general, educational, and examination requirements will be issued a CPA certificate upon presenting evidence that such applicant has attained two years of continuous experience in public accounting or five years,  of continuous employment in the accounting field in business or industry, government or college teaching.  Work experience must be immediately preceding the date of application for the certificate.  You must contact the Georgia State Board of Accountancy at 478-207-1400 to receive an application.

    For more information regarding eligibility to take the exam or to receive licensure in Georgia, contact the Georgia State Board of Accountancy at 237 Coliseum Drive, Macon, Georgia 31217-3858, 478-207-1400.

Where do CPAs Work?
 

CPAs work in public accounting, business & industry, government and education. Within these areas, CPAs generally specialize in what they do.

CPAs are many things. They are chief financial officers for Fortune 500 companies and advisors to small neighborhood businesses. They work for public accounting firms, both small and large. They are well-respected strategic business advisors and decision-makers. They act as consultants on many issues, including taxes and accounting.