Business By the Numbers: Top 7 Reasons to Consider CPA Certification
When considering career paths, one should never overlook the compelling and profitable world of accounting, especially if you want to become a Certified Public Accountant (CPA).
Embarking on this journey offers the potential for increased earning, expansive versatility in your work, substantial growth opportunities, and an undeniable level of prestige that’s unmatched.
Let’s delve deeper into why this career move could be the most life-changing decision you may choose to make. Get ready to explore the top reasons for considering a CPA certification!
What is a CPA?
A Certified Public Accountant (CPA) is a highly regarded credential awarded by the American Institute of Certified Public Accountants (AICPA). As a CPA, you become an expert in multiple areas, including, but not limited to, financial consulting and auditing. In addition, CPAs serve as tax and business advisers, crafting strategic advice adapted to individual client needs.
Rigorous education requirements plus a detailed examination process ensure CPAs are well-equipped with the latest industry knowledge. Investing in obtaining this credential signifies dedication to excellence in the field of accounting and finance to potential employers.
How Do You Become a CPA?
To embark on the journey of becoming a Certified Public Accountant, you need to meet three main requirements: education, examination, and experience. You start with earning a degree from an accredited university or college, majoring in accounting or a related field.
You also have to earn an additional 30 credit hours to be eligible for the CPA exam. For this reason, most professionals stay in school longer to get their master’s degree.
Then comes the challenging part: studying for and passing the Uniform CPA Examination.
Here’s where resources like those provided by CPA Exam Guy come in handy, as they offer comprehensive review materials, study tips, and practice exams. Lastly, gaining relevant supervised work experience is crucial before you can officially call yourself a CPA.
All these steps may seem pretty challenging, but with determination and persistence, achieving that prestigious title is doable! Plus, you make much more money as a CPA!
7 Great Reasons to Become a CPA
It can take a long time to become a CPA, but we believe it’s well worth the wait. From versatility to job security, here are 7 great reasons why you’ll want to upgrade your accounting degree.
#1 – Growth Potential
Choosing to become a Certified Public Accountant positions you at the forefront of professional growth and development. With this credential, career progression is often faster as organizations value the technical expertise and thorough understanding CPAs bring to the table.
With industries increasingly placing importance on financial control and stability, a CPA’s insight becomes highly sought after, laying the groundwork for leadership roles within businesses.
#2 – Versatility
A robust advantage of becoming a CPA is the versatility it provides in your professional life. A career path as a CPA isn’t just limited to traditional roles in accounting firms but extends into diverse areas such as corporate finance, technology consulting, forensic accounting, and more.
#3 – Prestige
When you demonstrate the determination and dedication to become a Certified Public Accountant, there’s an undeniable prestige that comes with this accomplishment.
This title is widely respected in business circles. Being a CPA signifies that you’ve mastered rigorous academic and professional standards, making you a trusted adviser in financial matters. It also represents your commitment to uphold strict ethical guidelines in your work.
#4 – Job Security
In today’s fast-paced world, job security is a significant consideration for many professionals, and this is where becoming a CPA shines. The constant need for financial expertise ensures that the demand for CPAs remains high, providing a stable career path for years to come.
#5 – Better Benefits
Another significant advantage to becoming a CPA can be the perks and benefits you’ll likely receive. As experts in their field, CPAs are often offered comprehensive benefits packages by employers. This can include health insurance, retirement plans, and extensive vacation time.
In some cases, employers will pay for your education. These extra benefits aim to retain top talent within the organization, recognizing the valuable asset that a CPA represents within it.
#6 – Purpose-Driven Work
When you think of being an accountant, you might not immediately connect it with purpose-driven work. But as a CPA, you’re often at the heart of crucial decision-making processes. You’ll play an integral part in helping businesses grow and thrive.
#7 – High Salary
Let’s face it: the potential for a high salary is one of the significant appeals for many when deciding on a career. You’ll be pleased to know that CPAs have the potential to make a lot.
With their essential role in maintaining financial control and providing strategic guidance, CPAs are generally at the higher end of the pay scale compared to their non-certified counterparts. This means that the time and effort invested in becoming a CPA can lead to a rewarding career.
Are you ready to take the next steps towards an exciting, fulfilling professional life with the CPA certification? Embrace the challenge and start planning today. The journey may seem difficult, but remember that rigorous preparation and unwavering determination will get you there.