Almost all private business companies, non-profit organizations, and multinational corporations count on business services and the skills, abilities, and experience of Kissimmee CPAs (Certified Public Accountants). They need these individuals as they help business organizations stay competitive and financially strong. Also, they ensure their financial integrity by means of risk management, strategic tax preparation, investment consulting, and account analysis. Since global business conditions have become more complex due to advanced technology and business practices, the demand and earnings of CPAs have experienced a great boost.
Although becoming a Certified Public Accountant in Orlando, FL can seem like a tough job, understanding the steps and requirements can simplify the process for you. It is now possible to achieve a rewarding career in accounting as the current industry standards and business environment have provided extensive career options for CPAs.
Continue reading to know possible fields of specialization, job description, and requirements to qualify for the CPA exam.
Kissimmee CPA Requirement 1 – Fields of Specialization
In order to become a CPA in Kissimmee, you’ll be provided with a great number of career options in two main fields, including business/corporate accounting and public accounting. Following are a few options that you can decide to specialize in:
Managerial Accounting: You’ll be responsible to work along with your organization’s management team to prepare financial records and documents. Besides preparing financial budgets and planning for the future, you may have to suggest profitable steps to help a company make intelligent choices.
Forensic Accounting: Working as a forensic accountant in Orlando, FL, you’ll have an access to the company’s entire financial data. It will be your responsibility to search for evidence of money laundering, tax evasion, securities fraud, and embezzlement.
Internal Auditing: As an internal auditor, you’ll have to verify the value and efficiency of an organization’s internal controls. You may also have to check its financial records for possible fraud, errors, and mismanagement.
Tax: You’ll have to stay current with changing tax policies and suggest effectual tax strategies to your company so that it can avoid unnecessary expenses.
Environmental Accounting: In addition to checking green initiatives of your company, you’ll have to deal with its compliance audits.
Information Technology: This specialized field combines accounting and IT. You can utilize advanced testing systems and methods to ensure accuracy, security, and observance of laws and regulations.
Kissimmee CPA Requirement 2 – Examination
You can work as a Certified Public Accountant in Orlando, FL only after successfully clearing the Uniform CPA Examination. This exam is a prerequisite as CPAs have unrestricted access to a company’s sensitive financial information. In this scenario, certification ensures individuals and businesses that their hired CPAs have technical skills, ethical standards, and advanced knowledge required to efficiently handle their finances.
The Uniform CPA Examination comprises of four different sections, including AUD (Audit and Attestation), FAR (Financial Accounting and Reporting), REG (Regulation), and BEC (Business Environment and Concepts). You are required to successfully complete each section. You can take examination of these sections in any particular order. After clearing a section, you’ll have to clear the remaining three within a period of 18 months.
The job of a Certified Public Accountant in Orlando, FL is pretty rewarding, but make sure to comply with its duties and ethical standards.
If you need more information about our accounting services, please contact us at 407-344-1012. Freedomtax Accounting’s staff has been providing honest accounting services and tax services for 15 years. Our Orlando accounting firm has its main offices in Kissimmee, FL. We serve the Central Florida market to areas like Orlando, South Orlando, Kissimmee, St. Cloud, Poinciana, and Hunters Creek, FL. Our tax accountants and IRS enrolled agents (irs ea) specialize in corporate accounting and bookkeeping, tax services, tax preparation, back taxes help, tax debt relief, tax resolution, tax planning, itin numbers, incorporations, and non profit 501c3 tax exempt status applications.