How to Become a CPA

The field of accounting and finance has diverse job opportunities and most of them are the highly paid ones. For getting these jobs, you need the right kind of educational qualifications The job of a certified public accountant (CPA) is also one of them. The job of a certified financial accountant can help you earn a lot of respect and provide you with excellent career opportunities in the United States of America.

Becoming a Certified Financial Accountant

Certified financial accountants are known to be engaged in important tasks related to accounting in finance firms where they work. They are also required to provide their company accounts and financial statements with attestation and auditing services in which they have a clear edge or expertise over other professionals. This can be one of the best accounting jobs if you have the talent and the right kind of attitude.

You should understand that qualifying for the CPA exam is the first challenge for you. For this, you will need a bachelor's degree in accounting from a very renowned university, which is recognized. There are some states which would require students aspiring for this exam to possess master's degree in the field of accounting.

Then, the next step in understanding what does it take to become a CPA is to begin your preparations for the same. This is a very competitive exam and it is not possible for large number of candidates to clear it. So, if you wish to be one of the talented ones who will crack the exam, hard work and consistent efforts are a must. This exam consists of four sections or parts, which are auditing, business regulations, financial accounting and business environment. It is essential to pass in all four exams to get the CPA license to practice. Along with so much efforts, you also need to give an ethics test which consists of seventy five questions.

CPA Salary Details

The salary largely depends on their educational qualifications, number of years of practical experience, skills, location of job and type of employer. In places such as New York, the certified public accountant salary can be in the range of $60,000 to $75,000 per year. On the other hand, places such as Chicago or Dallas can pay you anything between $50,000 to $65,000 per year. Salaries largely depend on the post at which you work. Those finance professionals working at top positions in large accounting corporations can earn anything between $100,000 to $200,000 per year. Effective communication skills, interpersonal skills, mathematical abilities, calculation skills and managerial abilities are essential to become successful in your career as a CPA.

Hopefully, this article has given you the know-how you need to become a CPA. So, start studying sincerely for a better future.