Job DescriptionCertified public accountant (CPA’s) perform vital roles for businesses.Audit and Assurance – Ensuring that financialstatements properly reflect the financial performanceof the company.• Tax and Financial Planning – Recommendingsavings, investment, and tax options to eliminatedebt, control expenses, minimize tax burdens,and optimize investments.• Internal Auditing – Assessing the effectiveness ofan entity’s control structure either as an employeeor an outside consultant. These professionals arein high demand as a result of new corporategovernance regulations.• IT Services – Designing, integrating, and implementingadvanced software systems, acting as a bridgebetween hardware/software and organizational goals.• Forensic Accounting – Preventing, detecting,and investigating financial frauds such asembezzlement, securities fraud, tax evasion,and money-laundering schemes. Demand forthis specialty has grown significantly as a resultof recent corporate scandals.• International Accounting – Companies adoptingInternational Financial Reporting Standards (IFRS)need accountants to help reconcile IFRS with U.S.GAAP. Professionals with knowledge of U.S. GAAPwho work well in an international environment areincreasingly in demand.
Public Accountants task requires review and preparation of various reports to stakeholders.Financial Reports Auditing Tax Preparations
Working EnvironmentThe environment in which Accountants work for businesses is secured. Theprofessional often are separated from normal work environments, due to thenature of the private records they must view and use to determine the companyfinancial health to operate. These records are not considered open publicrecords but, sensitive in nature to stakeholders.
Education &Training Required RequirementsAccounting Business Working• 24 semester • 24 semester • two-years of units of units of general accounting business experience, related which may include 500+ attest hours for those who want to sign attest reports
Certified Public Accountantsutilize various businessrelated skills. Technical Skills Spreadsheet application, Databases application Word processing application Presentation application
With newadvancement in technology Continue to use these advancements to complete the business task assigned. Certified Public Accountants
Certified Public Accountants Salary and Job Outlook Certified Public Accountant (CPA) Cash Compensation Summary Percentile 25% 50% 75% Salary $40,710 $46,413 $53,043 Total Cash $41,490 $47,505 $54,998 Hourly Rate $19.11 $23.17 $28.51 Bonus $1,279 $2,464 $4,689 Profit Sharing $1,299 $2,168 $3,569 Currency (USD)What is the salary range?The current salary ranges for public accountants consist of several performancecompensation packages. The base salary often includes bonuses and profit sharing.Pay Scales (Certified Public Accountants with 1 year of experience)
Professional AssociationThe American Institute of Certified Public Accountants (AICPA)The American Institute of Certified Public Accountants (AICPA) is the world’slargest association representing the accounting profession, with nearly370,000 members in 128 countries. AICPA members represent many areas ofpractice, including business and industry, public practice, government,education and consulting; membership is also available to accounting studentsand CPA candidates. The AICPA sets ethical standards for the profession andU.S. auditing standards for audits of private companies, non-profitorganizations, federal, state and local governments. It develops and grades theUniform CPA Examination. Visit the AICPA: http://www.aicpa.org
The American Institute of Certified Public Accountants (AICPA)http://www.aicpa.orgU.S. Bureau of Labor Statisticshttp://www.bls.govDepartment of Consumer Affairs - Californiahttp://www.dca.ca.gov/cba/Pay Scalehttp://www.payscale.com