You probably already know that there is no universal set of standards for becoming a certified public accountant (CPA) as different countries follow different procedures, but US CPAs are well-known internationally and always in demand. Read on to learn how to pursue CPA in the USA.
CPA in the USA: What to Expect
Gaining your CPA certification will be a strenuous but ultimately worthwhile endeavor. Learning the fundamentals is the first step in a long process. Education, passing an exam, and work experience are the three main requirements for obtaining a CPA certificate. Depending on the state or province you choose to practice in, you may also be required to pass an Ethics test as part of the licensing process. You may find helpful material for your CPA journey in the CPA Exam Booklet from the AICPA and the Candidate Bulletin from the National Association of State Boards of Accountancy.
A 5-Step Guide on How to Pursue CPA in the US
Are you ready to give your career a big boost? Here’s how to pursue CPA in the US.
Step 1 – Choose the State
This will likely occur if you lack the requisite accounting credits. In that case, you will first need to return to school to get a prerequisite degree. It is best to opt for United States credential evaluation to avoid troubles along the way.
Step 2 – Submit Your Application
After determining your eligibility, it is time to apply. Complete the application through the CPA Central site of the NASBA and provide the relevant verification materials.
You will need to assemble all documents, including authentic diplomas and transcripts for all the academic courses you intend to apply for as credit. If they are not written in English, obtain a certified translation to avoid any problems.
If you are an international student, you will also need a valid passport to take the exam. In case you have received your education outside the United States, you will require foreign transcript evaluation for CPA.
Once eligibility has been validated, you will get your Notice to Schedule (NTS) required to schedule your CPA Exam section.
Step 3 – Schedule Your CPA Exam
You should investigate the individual testing venues accessible. Keep in mind that you can’t retake a test section more than once within the testing window, but that’s the only limitation.
Step 4 – Prepare & Take the Exam
Step 5 – Get your Certified Public Accountant Certification.
The Bottom Line: Demand for CPA in the USA is High!
In recent years, accounting has experienced phenomenal growth. Yet, there is a continuing shortage of qualified accountants at all levels. The need for accountants proficient in new accounting areas and who can provide such services has increased steadily in light of the current economic climate. Therefore, professionals with valid US CPA licenses have an advantage in the job market. If you want to take your career to the next level, pursue CPA in the USA.