The Certified Public Accountant (CPA) designation is widely recognized as the premier accounting credential. Holders of this designation are considered to possess the expertise to perform sophisticated accounting work for private companies, public companies, and non-profit organizations alike.
The Bureau of Labor Statistics (BLS) has identified several responsibilities that fall within the scope of a CPA’s work, including auditing financial statements, tax preparation, providing advisory management services, and offering guidance on corporate financial planning and investments. As a result, there is a demand not just for certified public accountants, but also for other professionals who can take on accounting-related roles.
It is worth noting, however, that a CPA certification is also valuable in many non-accounting careers. For example, some CPAs specialize in tax or financial consulting after practicing accounting for a while. Additionally, many employers view the CPA designation as a valuable credential regardless of the specific job duties or job title of the employee.
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