title awarded in the United States to accountants who meet stringent professional qualifications. State authorities confer the title on those who pass the Uniform CPA Examination, administered by the american institute of certified public accountants (AICPA) (www.aicpa.org) and who satisfy the experience requirement of the particular state (e.g., New York requires two years of public accounting experience). The CPA is licensed to render an audit opinion on the fairness of a company's financial statements. A CPA in one state (e.g., New York) may be allowed to practice in another state (e.g., California) if reciprocal agreements exist. The two-year experience requirement frequently must be satisfied in the second state before the accountant is granted a license to practice.
accountant who has passed certain exams, achieved a certain amount of experience, reached a certain age, and met all other statutory and licensing requirements of the U.S. state where he or she works. In addition to accounting and auditing, CPAs prepare tax returns for corporations and individuals.
accountant who has passed certain exams, achieved a certain amount of experience, reached a certain age, and met all other statutory and licensing requirements of the U.S. state where he or she works. In addition to accounting and auditing, CPAs prepare tax returns for corporations and individuals.
