Key Differences Between CPA Certification and CPA Licensure - PowerPoint PPT Presentation
Title:
Key Differences Between CPA Certification and CPA Licensure
Description:
CPA certification involves passing the Uniform CPA Exam, while CPA licensure requires additional state-specific requirements, such as completing a certain amount of professional experience and fulfilling education and ethics requirements. Passing the CPA exam is a necessary step toward obtaining CPA licensure, but it is not sufficient on its own. Let us understand the difference between the two in much more detail: To know about the FAR testing process, visit: – PowerPoint PPT presentation
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Title: Key Differences Between CPA Certification and CPA Licensure
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CPA Certification
- Voluntary designation for those who passed the
Uniform CPA Examination and fulfilled education
and experience requirements - Doesn't grant legal authority to practice public
accounting
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CPA Licensure
- The legal requirement for public accounting
services - Granted by state boards of accountancy after
meeting education, experience, and exam
requirements
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Scope of Practice
- CPA Certification doesn't define a specific scope
of practice - CPA Licensure limits the services that a licensed
CPA can provide
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Continuing Education
- Both require ongoing continuing education
- Specific requirements may vary by state and
credential
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Career Advancement
- CPA Certification may offer career advancement
opportunities - CPA Licensure is necessary for certain career
paths and can also provide advancement
opportunities.
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