A certified public accountant, or CPA for short, offers his or her services to companies or individuals in preparing forms for tax returns and financial statement documents. CPAs oversee audits, keep track of clients' financial records, and contribute to budgeting processes.
Knowing how to develop and implement bookkeeping policies and being familiar with local and federal laws and regulations of taxing procedures is a must, as this is what poses the challenge for people hiring CPAs. CPAs generally have basic computer skills and use accounting software to make the most of their time and resources.
In order to become a CPA, you need to have a BA in Accounting, Finance, Business Administration, or a related field. As implied in the name, you need to obtain a certification to fill the role, and this is usually preceded by years of experience in the field as a public accountant.
There is more than meets the eye when it comes to being a certified public accountant. For example, did you know that they make an average of $32.08 an hour? That's $66,723 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
There are certain skills that many certified public accountants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
When it comes to the most important skills required to be a certified public accountant, we found that a lot of resumes listed 46.9% of certified public accountants included cpa, while 23.1% of resumes included customer service, and 9.5% of resumes included tax returns. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the certified public accountant job title. But what industry to start with? Most certified public accountants actually find jobs in the professional and retail industries.
If you're interested in becoming a certified public accountant, one of the first things to consider is how much education you need. We've determined that 63.5% of certified public accountants have a bachelor's degree. In terms of higher education levels, we found that 10.8% of certified public accountants have master's degrees. Even though most certified public accountants have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a certified public accountant. When we researched the most common majors for a certified public accountant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on certified public accountant resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a certified public accountant. In fact, many certified public accountant jobs require experience in a role such as staff accountant. Meanwhile, many certified public accountants also have previous career experience in roles such as controller or accountant.