Certified public accountant (CPA),
Definition of Certified public accountant (CPA):
A member of an officially accredited professional body of accountants.
Professional accountant who has passed the uniform CPA examination administered by the American Institute Of Certified Public Accountants, and has fulfilled the educational and work related experience requirements for certification. The equivalent UK professional is a certified accountant.
A certified public accountant (CPA) is a designation given by the American Institute of Certified Public Accountants (AICPA) to individuals that pass the Uniform CPA Examination and meet the education and experience requirements. The CPA designation helps enforce professional standards in the accounting industry. Other countries have certifications equivalent to the CPA designation, notably, the chartered accountant (CA) designation. .
Obtaining the certified public accountant (CPA) designation requires a bachelor’s degree in business administration, finance, or accounting. Individuals are also required to complete 150 hours of education and have no fewer than two years of public accounting experience. CPAs must pass a certification exam whose requirements vary by state. Additionally, keeping the CPA designation requires completing a specific number of continuing education hours yearly.
How to use Certified public accountant (CPA) in a sentence?
- CPAs generally hold various positions in public and corporate accounting, as well as executive positions, such as the controller of chief financial officer (CFO). .
- Other requirements for the CPA designation include having two or more years of public accounting experience and passing the Uniform CPA Exam administered by the American Institute of Certified Public Accountants (AICPA). .
- From the previous commentary: ‘The AICPA is chartered to further accountancy and to benefit certified public accountants, not non-CPAs.’.
- A certified public accountant (CPA) must meet education, work, and examination requirements—including holding a bachelor’s degree in business administration, finance, or accounting, and completing 150 hours of education. .
Meaning of Certified public accountant (CPA) & Certified public accountant (CPA) Definition