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CPA stands for Certified Public Accountant. It is a professional designation for accountants who have met specific educational, experience, and examination requirements set by state boards of accountancy.

Key Responsibilities of CPAs

CPAs provide a variety of services, including:

• Tax Preparation: Assisting individuals and businesses in preparing and filing tax returns.
• Financial Planning: Offering advice on financial strategies and investments.
• Auditing: Examining financial statements to ensure accuracy and compliance with regulations.

Requirements to Become a CPA

To obtain a CPA license, candidates typically need to fulfill the following criteria:

1. Education: Completion of a bachelor's degree in accounting or a related field, often requiring 150 credit hours of education.
2. Experience: Gaining relevant work experience, usually under the supervision of a licensed CPA.
3. Examination: Passing the Uniform CPA Examination, which tests knowledge in various accounting areas.