Basics of Becoming a CPA

HOW TO BECOME A CPA (CERTIFIED PUBLIC ACCOUNTANT)?

Certified public accountants pore through financial records and organize these resources for filing or easier financial operation assessments. They're charged with making sure all client materials are accurate and that taxes can be paid properly by a certain deadline. For big organizations that must meet complex regulations and comply with certain laws when filing taxes, certified public accountants are the navigators that steer them through these choppy waters and suggest ways to cut costs and improve profits at the same time. Here is some additional information about becoming a CPA:

  • Most CPAs work in office settings are at home, and the majority of them work full-time, though many work for longer periods during particular parts of the year, according to the U.S. Bureau of Labor Statistics[i].
  • While the professional experience they require varies by employer, all CPAs must attain a license with a state's Board of Accountancy, which usually requires 150 hours of college coursework - an amount that exceeds what it takes to get an ordinary bachelor's degree.
  • CPAs also need to pass the four-part Uniform CPA Examination from the American Institute of Certified Public Accountants.
  • While not all accountants become CPAs, all individuals filing reports with the Securities and Exchange Commission must be CPAs as required by law, which may make the certification a valuable tool for employment.

Is an Online Accounting Degree PROGRAM FOR YOU?

With online CPA schooling, you can study and prepare for coursework without disrupting important parts of your lifestyle. Online courses allow you to design your own schedule, learn at your own pace and prepare for the steps CPAs must take to pursue employment, such as the meeting state requirements and passing a national exam

ACCOUNTING CAREER PATHS AND POTENTIAL SALARIES

There are many career paths you may choose to pursue after attending online courses in a CPA program. These are just a few routes you could choose to pursue that may require many of the skills that CPAs master over the course of their schooling and passing appropriate exams.

Accountants and Auditors (i)

Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently.

  • Median Salary: $69,350 per year
  • Job growth through 2026: 10% (Faster than average)
  • Typical Entry-level education: Bachelor's degree

Budget Analysts (ii)

Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending. A Budget analyst can work in a variety of settings like: government agencies, universities, and private companies.

  • Median Salary: $75,240 per year
  • Job growth through 2026: 7% (As fast as average)
  • Typical Entry-level education: Bachelor's degree

Loan Officers (iii)

Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses. Most loan officers are employed by commercial banks, credit unions, mortgage companies, and related financial institutions.

  • Median Salary: $64,660 per year
  • Job growth through 2026: 11% (Faster than average)
  • Typical Entry-level education: Bachelor's degree

(i) bls.gov/ooh/business-and-financial/accountants-and-auditors.htm | (ii)bls.gov/ooh/business-and-financial/budget-analysts.htm | (iii) bls.gov/ooh/business-and-financial/loan-officers.htm