CPA Notes UPDATED ACTUAL Questions and CORRECT
Answers
What does CPA mean? Certified Public Accountant
What is a public accountant? Independent Audits
Tax Prep & Planning
Consulting
Outsource (Financial, Managerial, Payroll, Audits, and fraud investigations)
Who is the certifiying agency for CPA? American Institute of Certified Public Accountants
State Board of Public Accountancy
What are the benefits of CPA Certification? Increased Salaries
Conduct audit of a publicly-traded company
promoted to management in CPA firm
What are the education requirements for Arkansas? Bachelors degree in any subject 120 hours of credits
Accounting hours with a C or above (27 hours)
Business hours with C or above (24 undergrad hours)
How many parts do you need to complete to obtain your 4 parts
license?
How much does it costs for each section? $265 per section
Answers
What does CPA mean? Certified Public Accountant
What is a public accountant? Independent Audits
Tax Prep & Planning
Consulting
Outsource (Financial, Managerial, Payroll, Audits, and fraud investigations)
Who is the certifiying agency for CPA? American Institute of Certified Public Accountants
State Board of Public Accountancy
What are the benefits of CPA Certification? Increased Salaries
Conduct audit of a publicly-traded company
promoted to management in CPA firm
What are the education requirements for Arkansas? Bachelors degree in any subject 120 hours of credits
Accounting hours with a C or above (27 hours)
Business hours with C or above (24 undergrad hours)
How many parts do you need to complete to obtain your 4 parts
license?
How much does it costs for each section? $265 per section
