Why Become a CPA: The 5 Great Benefits

why become a cpa

Becoming a CPA is a dream for many accountants. Before you start the process, is it worth it considering the time and effort you need to pour in for the CPA Exam. Let me tell you why in this video:

5 Reasons Why You Can’t Wait Becoming a CPA

#1. CPAs = Black Belt Accountants

becoming a cpaCPA, or certified accountants, are finance professionals who have achieved expertise beyond a “normal” accountant does. This is done through advanced education, training, experience and hard work.

Accountants who aspire to become partners in the accounting firm or move up the corporate ladder want the CPA qualification.

#2. CPAs Are Needed Everywhere. Corporations, non-profit organizations and governments in every industry around the world look for CPAs to fill in their senior finance positions. It is not surprisingly that junior accountants with CPA are preferred when it comes to recruitment and promotion.

#3. CPAs Are Indispensable. After the financial crisis, corporate accountability has become the number one concern for companies and their shareholders. Senior management relies on Certified Public Accountants for financial health and integrity of the corporations.

#4. CPAs Are In Demand. As a result of the Sarbanes-Oxley Act, workload in the accounting department of every corporation has vastly increased, leading to a shortage of accounting experts in a global scale. At the same time, 75% of current CPAs will retire in 15 years, based on a study by the AICPA. This creates a golden opportunity for you to jump into this important industry.

#5. CPAs Are Paid Better. A study by global recruiting agency Robert Half points out that CPA on average earns 10% better than non-CPA. Also, CPAs with 5+ years experience are paid $80-110K in public accounting firms.

See Why My Bloggers Go for the CPA Designation

why CPA exam for Nehacpa candidate traviscpa candidate sumit
(tax lawyer)
(recent grad)
(Big 4 auditor)

Next Step:
Learn how to become a CPA

Further Reading

If you like this post and would like to learn more about the CPA exam, check out my mini-course which is completely free. I have two versions designed for candidates with different background:

For US Candidates
(Those with US degrees, or
graduate/live/work in the US)
For Intl Candidates
(Those who study abroad, or
graduate/live/work outside of the US)

About the Author Stephanie Ng

I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites

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