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What steps are you taking now to prepare for the CPA exam or to become an...

What steps are you taking now to prepare for the CPA exam or to become an accounting professional?

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(Q)  What steps are you taking now to prepare for the CPA exam or to become an accounting professional?

(Ans) Becoming a CPA requires a big time investment and careful planning. Furthermore, CPA candidates must meet specific education requirements and also document any accounting work experience. Hence, you should understand what is tested on the CPA exam and how the test is administered through test centers.Once you get your certificate in the mail from your state board, you’ll instantly feel a huge sense of accomplishment and pride that you were able to set your mind to something and conquer it. It’s also one of the most financially beneficial decisions you can make. That’s not to say that it’s easy, however. There are some important steps and decisions you must take with your heart inorder to become a most reputed accounting professional.

Steps to Become a Certified Public Accountant

  1. Fulfill the Educational Requirements :- Every state has it’s own educational requirements to take the CPA exam and to become a CPA. Some states allow you to take a section of the exam before you graduate from college, but most require you to have at least a bachelor’s degree in order to sit for the exam.

  2. Apply to Take the CPA Exam :- This seems like a simple step, right? All you have to do is apply to take the exam. Well, the CPA application process is actually kind of complicated. First, you will need to get your educational requirements verified by your state board of accountancy. Once approved, you will be able to formally apply for the exam.

  3. Get a Review Course and Start Studying :- One of the most important career choices you will make in your CPA journey is which CPA exam prep course you will use. Choosing the right course could mean passing all four sections on your first try. Picking the wrong one might mean wasting tens of hours studying for a section just to end up failing it in the end.

  4. Pass the CPA Exam :- After you are all signed up to take the exam and have your review course ready to go, it’s time to pass the exam. The exam is scored on a scale of 1-99. Candidates must get a score of 75 or higher in order to pass each section.

  5. Pass the AICPA Ethics Exam :- After you have to pass all four sections of the CPA exam, you will need to take a short ethics exam that is administered by the AICPA. This is more of a take home exam than a real exam.Once you sign up for it, you will be mailed an ethics textbook that describes the ethical duties and obligations that CPAs are required to uphold. All you have to do is read the book and take the ethics exam online

  6. Fulfill Your Work Experience Requirement :- Once the CPA exam and the AICPA ethics exam are out of the way, you will need to focus on your work experience. All states have different work experience requirements. They range anywhere from 6 months to 2 years of experience under direct supervision of a CPA.

  7. Pay Your Dues and Get Your License :-After you complete your work experience, all that is left to do is pay your state board its licensure fees and wait for you certificate to come in the mail.

"NOW YOU ARE A CPA"

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