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How It Works (Example) :: Accounting
How It Works (Example) :: Accounting
the Uniform CPA examination and has also met additional state certification and
experience requirements.
The CPA examination is developed and graded by the American Institute of Certified
Public Accountants. The exam has four sections: auditing and attestation, financial
accounting and reporting, regulation, and business environment and concepts. Nearly
14 hours long in total, the CPA examination also includes a writing skills
exercise, multiple choice questions and case studies.
Once a person becomes a CPA, they can specialize in one specific area of finance or a
wide range of services, including:
Corporate Finance
Corporate Business
Estate Planning
Financial Accounting
Financial Analysis
Financial Planning
Forensic Accounting
Income Tax
Information Technology
Management Consulting
Performance Management
Tax Preparation and Planning
Venture Capital
Other countries have different designations for the CPA qualification. The Canadian
equivalent to a CPA is a Chartered Accountant (CA).