How To Become A Certified Public Accountant (CPA)
Want make over $50k a year managing money? Well becoming a Certified Public Accountant would be a great career. Depending on the industry, job duties for CPAs can vary, says the BLS. Certified public accountants who specialize in tax services for both companies and individuals, also serve as consultants for businesses regarding decisions relating to tax benefits. Some CPAs also give input on the design of computerized and paperless systems of bookkeeping. Also advise companies about employee compensation and benefits packages. CPAs can also work as auditors, manage financial statements, shareholders and government authorities. CPAs may start their own businesses or work for public accounting firms. Self-employed CPA make an average of $122k per year.
In 2017, Accountants & auditors earned an average about $75k. The number of people employed as Accountants & auditors has been growing at a rate of 5%, about 1.8M people in 2016 to about 1.9M people in 2017. About 62% of Accountants & auditors are Female, making them the more common gender in the occupation. 75% of Accountants & auditors are White, making that the most common race or ethnicity in the occupation. Representing about 12% of Accountants & auditors, Asian is the second most common race or ethnicity in this occupation and about 8% are Black.
How To Become A Certified Public Accountant (CPA)
A certified public accountant (CPA) needs a minimum of a bachelor’s degree and a credential in order to find employment. However, once licensed, a CPA can find employment in multiple fields, including handling private and corporate taxes, and acting as consultants for tax software development or human resources programs. Certified public accountants (CPAs) usually must hold a bachelor’s degree and pass a four-part exam in order to gain the CPA credential. Some of these professionals work for large companies, while others may be self-employed or work for the government or the insurance industry.
The exam is given by the American Institute of Certified Public Accountants (AICPA).
(source: https://datausa.io)