Certified Public Accountant Salaryby Public Accountant Certified Public Accountant
An individual has to clear an exam to become a Certified Public Accountant in the United States. The abbreviation for Certified Public Accountant is CPA. The aspiring candidates have to clear the Uniform Certified Public Accountant examination. However, the exam also has certain criteria which the candidate has to satisfy in order to take up the exam. The candidate must compulsorily have a bachelor’s degree of four duration. Duration of one hundred and fifty semester hours is also a must mandatory. People with a master’s degree are also eligible.
The candidates are rigorously tested on four areas. The four areas are namely ‘Audit and Attestation’, ‘Financial Accounting and Reporting’, ‘Regulation’ and ‘Business environment and Concepts’. On successfully clearing the exam the candidate becomes a CPA. Certain states in the country also require the candidate to gain work experience apart from clearing the exam. CPAs ensure safety of financial data, help in tax planning. They also offer advice pertaining to financial planning or investments. CPAs are considered to adhere to the standards for attesting financial documents.
The CPAs are well known for their prowess and education. So, their job is respected and high paying. The fact being that clearing the CPA exam itself is difficult. When candidates gain more experience or education after clearing the exam, they become eligible for even higher salary. Certified Public Accountant salary also depends on the region where the person offers his or her services. For instance, of the CPA works in a metropolitan city then he is generally paid more. People with a CPA license get more salary than the ones without one anywhere in the country. Apart from these things, the overall personality of the person, the way they themselves out and get absorbed into the environments of companies determines the salaries they get.
Fortunately, for CPAs the job market is always green with plenty of opportunities. The Certified Public Accountants are assured stability, and good salary. This is more because of the fact that the market is seeing growth with stringent regulations as well. In order to sustain in jobs CPAs must be good at math, must be analytical and also pay attention to detail. They must be aware of the latest changes in policies of governments or updates. Some CPAs also earn being self employed. During tax seasons, CPAs must be required to give in their long hours. So, salaries for a Certified Public Accountant get decided based on all these factors.
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Created on Dec 31st 1969 18:00. Viewed 0 times.