In the United States, a Certified Public Accountant (CPA) is a highly qualified professional who has obtained a license from the American Institute of Certified Public Accountants (AICPA), with all members being a part of the National Association of State Boards of Accountancy (NASBA).
To obtain this license, one must meet the criteria set by the state board, including completing the required education, training, and passing the necessary exams.
The scope of CPA in the USA is vast.
CPAs are highly regarded for their comprehensive knowledge and understanding of various accounting fields, such as financial planning, tax preparation, internal auditing, income tax, and other accounting specialties.
They are recruited by industry associations for complex accounting and finance positions, which further expands the scope of CPA in the USA.
The title of CPA holds a lot of respect and is often sought after. CPAs assist in achieving the financial goals of corporations, individuals, and more, and work across a range of industries instead of specializing in just one. They perform various tasks, including financial data analysis, auditing and reviewing, tax preparation, consulting services, financial planning, litigation consulting, and much more.
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