One of the most important professions in this day and age is being a CPA St. Cloud FL or anywhere around the world. While most people want to make sure they hire a CPA St. Cloud FL to assist them in matters of their taxes and finances, only a few of them really know what a CPA is and how can they become one.
Increasingly people are looking to enter this field and move beyond the normal qualification of being an accountant, because CPA seems a specialization in the art of accounting to many. This blog is designed to highlight what a CPA is and the steps that you can take to become a CPA St. Cloud FL or any other part of the US.
What is a CPA?
The word CPA is the abbreviation of the word Certified Public Accountant. There is no one answer to the question of what a Certified Public Accountant is. A CPA St. Cloud FL is many things not just one. Their roles continue to change with time as they move ahead in their career. The first and most important thing to understand about them is that they are specialized accountants that are not only good at doing accounts and handling of financial situations. But they are also capable of advising on major business decisions and earn the title of being a CPA after rigorous examinations.
CPA can work in a number of different places. This may range from being part of the fortune 500 companies or being simple financial advisors of startup business or those that have started to struggle financially. Often they are advisers to businesses on matters of accounting and taxation.
The fact that they are trusted advisers on business finances and those people that ensure the business realizes and reaches its goal makes them must have for businesses looking to expand or having large investment portfolios.
All in all a CPA St. Cloud FL is a notch above the accountant by way of special certification of public accountancy that they earn through extensive examination etc.
Things to Note
Before the pathway to becoming a CPA St. Cloud FL is laid down, there are a few things that need to be noted. The role of a CPA in addition to advising clients on matters related to their finances and taxes as mentioned above is also to conduct external or internal audit. The steps to becoming a CPA are gradual and all of that need to be followed in order to become a qualified CPA St. Cloud FL.
Become an Accountant First
AS far as the requirements for CPA St. Cloud FL and other states of the US are concerned, a person wanting to be a CPA will need to have had 150 hours of semester under their belt at the very least. If you pursue a typical bachelor’s degree you will get 120 hours. To make sure you get the needed 150 hours students will typically need to combine their bachelor’s degree program with a master degree to earn 150 semester hours.
This degree combination in accounting would be a better bet for any person looking to become a CPA St. Cloud FL. The course you study in will typically begin with the basics of accounting theory, later moving onto more complex aspects of accounting such as cost accounting etc.
Take a Look at the Options of Having a Graduate Degree
If you are looking to become a CPA there is actually no need for you to have a graduate degree. Only an undergrad degree would suffice. However, it is recommended that any person looking to pursue becoming a CPA should complete a Graduate degree program since it’ll help them add up on the semester hour requirements. If you have decided to opt for a graduate degree, there will be a number of options in front of you. Typically to hone the skills of a CPA St. Cloud FL in their field, it is ideal that they choose one of the following graduate degree options.
- Master of Arts in Accounting
- Master of Business Administration
- Master of Science in Accounting
Each of these degrees, especially the MBA one will help the student develop a business acumen that can help him progress along the ranks of a company and move beyond the usual post of Chief Financial Officer into the post of top Business Executive.
Work Before Going for the Examination
Typically one of the requirements of becoming a CPA St. Cloud FL is having some prior experience before being able to take the exam. So when you have decided to become a CPA, all you need to do is have 2 years of experience under your belt. This experience will typically come from working in an accounting firm or in the accounting department of a business. The type of the company you work in and the duties you have can vary. The important thing to becoming a CPA St. Cloud FL is to have some valuable experience which these job experiences will give you.
Once the student has met all of these extensive requirements laid in the preceding articles, they are ready to sit in the exam and try their hand at becoming a CPA St. Cloud FL. The exams which are taken by the American Institute of Certified Public Accountants are divided into 4. Each paper will need to be passed in order to a CPA. Once you have cleared the first exam, you will have 18 months to clear the rest.
Why Clients Like CPAs
The learning part is always constant with the CPA St. Cloud FL. Even once they have been certified they will make sure that they stay updated with the latest tax regulations, financial developments and newer techniques of working in the market. The extensive scrutiny criteria outlined above which is followed to produce a CPA and the fact that they are always on the lookout to learn more makes a CPA St. Cloud FL the leading choice for business owners around the world.
If you need more information about our St. Cloud, FL accounting and tax services, please contact us at 407-502-2400. Freedomtax Accounting’s staff has been providing honest accounting services and tax services for almost 20 years. 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 number, incorporations, and non profit 501c3 tax exempt. (Freedomtax’s accounting and tax professionals are NOT CPA’s. CPA services provided by third party provider.)