The title may not immediately evoke excitement, but the career path of a CPA can be one of the most rewarding choices to be made by a young professional. Working in the business of finances will always provide a comforting level of job security.
People will forever need someone to help them with the business behind their finances. Becoming a CPA will also grant the ability to always know exactly what is going on with the household’s money. Take a moment to read through this short overview, highlighting a few helpful tips on how to become a Certified Public Accountant.
Go to college and get a degree
There are very few states left in the U.S. that do not require their CPAs to have a bachelor’s degree in accounting or finance. Completing the educational requirements will take a minimum four or five years. Tuition varies according to several different variables, and courses consist of such curriculum as microeconomics, macroeconomics, business, auditing, and marketing.
Some companies require their CPAs to obtain a master’s degree in finance or accounting. It may take a couple more years to finish, but a resume that shows a bachelor’s and master’s degree will always go to the head of the stack.
Gain field experience
A large portion of CPA employment opportunities will require some experience in the field. As it may be a bit difficult to grab experience without the proper certifications, it is best to make the most of the college years.
College students are often presented with several opportunities to dip their toes in the sand of the professional world prior to their graduation. The general recommendation is that students take full advantage of every opportunity to gain experience in the field.
Take the uniform CPA exam
The Uniform CPA Exam is a four-part, standardized test give to all future CPAs. Every state requires accounting students to complete and pass the Uniform CPA Exam before they can legally practice.
The four areas of the test are:
- Auditing and attestation (AUD)
- Business environment and concepts (BEC)
- Financial accounting and reporting (FAR)
- Regulation (REG)
Apply for licensure
After conquering college and the CPA exam, it is time to meet the state requirements. Apply for state licensure from the State Board of Accountancy. As long as all those proverbial ducks are in a pretty little row, licensure will be granted.
Find a job and get to work
Certified CPAs can be effective in a variety of professional positions. Businesses, government institutions, schools, and even individuals require the services of a Certified Public Accountant. Employment opportunities are on the rise and expected to continue on a positive trend.