Friday, April 5, 2019

CPA vs. Non-CPA Essay Example for Free

certified public accountant vs. Non-CPA EssayMany people may ask, What are the differences amid being a CPA and just being a non-certified CPA, there are actually a lot of differences between the two. A CPA or Certified Public Accountant is someone who has a license to practice public accounting that is issued by their State Board of Accountancy. CPAs, in contrast, drop normally studied or majored in accounting during college, sat for the CPA exam, worked in an accounting securely for at least two years, and completed 500 hours of auditing work in order to earn their certification. CPAs are also required to complete a genuine number of continuing nurture hours in order to keep their CPA license.A CPA potbelly complete all trine types of financial statements including audited, refreshened, and compiled. Non-certified accountants can simply hang up their shingle and open their doors for business (Day). For non-certified accounts there are no educational requirements, howe ver, in order for them to prepare taxes most states require that they complete a certain number of hours of the study of accounting and also complete continuing education hours per year. Non-certified CPAs can only complete the last type of financial statements which is complied.The main question is how to choose whether to choose a CPA or non-certified CPA. It has to do with the concept of free enterprise. Remember the old adage, Caveat Emptor? It convey let the buyer beware (Day). It is the clients responsibility to choose the most qualified professional. Obviously, the auditing and check up on types of financial statements cost more than a complied one but some banks require a review of your books in order to receive a bank loan, so it would be in the clients best provoke to have a CPA they trust already.Work CitedJohn Day. Theme CPAs vs. Non-CPAs. 2008. Web. 27 November 2011. http//www.reallifeaccounting.com/pubs/Article_Theme_CPAs_vs_Non_CPAs.pdf

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