CPA vs Accountant: Isn’t it the same thing?

You may be wondering about the difference between CPA (Certified Public Accountant) and accountants in general… aren’t they the same?

Well, yes and no.

CPA = “Super” Accountants

why become a CPAEvery CPA is an accountant but not all accountants are CPA. In fact, CPAs are “Black Belt Accountants”, meaning that CPAs have achieved beyond what a normal accountant does through advanced education, training, education and high ethical standard.

Also, you’ve got to be a CPA in order to own (as a sole owner or as partner) of a public accounting firm.

You can learn more about what is CPA here.

CPA, not normal accountants, fill up senior finance positions

Senior positions in finance and accounting e.g. partner in the accounting firm, financial controllers and CFOs in corporations are mostly held by CPAs only.

Because of these reasons, many accountants are considering getting a CPA to enhance their credentials and income generation power. You can learn more about why anyone may want to become a CPA here.

How to become a CPA

A CPA candidate has to go through 5 steps in their journey towards a CPA qualification. These steps are proof of their expertise in the following areas:

  1. Advanced educational level
  2. Accounting knowledge proficiency
  3. High ethical standard
  4. Working experience in related field
  5. Commitment the Accounting industry

And you can learn more about the details of each step in How to become a CPA.

For Your Further Reading

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