Many CPAs are members of the American Institute of Certified Public Accountants and their state CPA society. states, only CPAs are legally able to provide to the public attestation (including auditing) opinions on financial statements. Individuals who have been awarded the CPA but have lapsed in the fulfillment of the required CPE or have requested to be converted to inactive status are in many states permitted to use the designation “CPA Inactive” or an equivalent phrase. Although state licensing requirements vary, the minimum standard requirements include the passing of the Uniform Certified Public Accountant Examination, 150 semester units of college education, and one year of accounting related experience.Ĭontinuing professional education (CPE) is also required to maintain licensure. Additionally, almost every state (49 out of 50) has passed mobility laws in order to allow practice in their state by CPAs from other states. It is awarded by each of the 50 states for practice in that state.
In the United States, the CPA is a license to provide accounting services directly to the public.
CPA Free notes : Certified Public Accountant ( CPA) is the title of qualified accountants in numerous countries in the English-speaking world.
