Accounting / CPA



Accounting / CPA

Introduction

When it comes to the major areas of accounts or finance such as recording a transaction, auditing, disclosure of the financial information monthly, quarterly and annually etc is where accounting holds enormous significance. It is concerned about collecting information, analyzing it and communicating it. It also plays are very important role in the society. There are no business organizations that can operate without accounting. It records how a business has grown and predicts about its future too.

CPA (Certified Public Accountants) is one role that is an important one of the field of accounting. It is an integral part for the business globally and holds enormous position in the world of business internationally. CPAs help with the preparations of tax, auditing (internal and external both), financial planning and managing an accounting system efficiently. A CPA is the one who passes the CPA exam which is held by the American Institute of Certified Public Accountants and also the ones who have received a certification from the state to practice accounting. In order to become a CPA, the person has to complete 5 years of education and also some kind of work experience related to the degree. Once the person becomes a CPA, he should complete some number of hours of continuing education every year. CPA's are well aware of the workings of their organizations and also have an answer to it (Wiley, 2012). They have an ability to generate, analyze and also interpreting the financial information which makes them the first ones who knows where the company is currently standing and about its future performance.

Discussion

Accounting is an important area globally though it is not an interesting subject but those people who are in to this field are highly educated, capable and talented in their field and about ...