Milap Madhu Essay 2 Rough draft CPA 7/3/1014 Choosing a major and subsequently, a career, can be a stressful time in a student’s life, But in my particular case I choose accounting because I like to handle the big company’s businesses and play with numbers. In accounting there are lots of aspiring fields which can be bookkeeping, budget analyst, and payroll but among them CPA stands on top of it. What is CPA? What are the requirements? What kind of qualities are necessary? CPA means Charted Professional Accountant. This means one had received a wide range of education. They mean one has skills and knowledge which Is key to success. They mean one has mastered mathematics and comfortable with all the latest technologies. CPA handles the …show more content…
In public accounting CPA serves as outsider or as advisory position to clients. Currently they are many Accountants who works in a small local accounting to large international CPA firms. Public accounting includes many services like auditing, assurance and forensic services, personal financial planning etc. But these days the demand of assurance and forensic servicing is rapidly increasing become of rise in technology. Assurance services include review of any kind of financial document or transaction, such as a loan, contract or financial website. This review certifies the correctness and validity of the item being reviewed by the CPA where forensic service includes searches for arches for evidence of criminal conduct or assists in the determination of claimed damages. In a big businesses CPA has a key role because CPA handles all the financial responsibilities for example the CPA manages company’s financial statements in order to assure stockholders and other financial statement users that a company’s financial position is reported fairly. In recent years has CPA’s has changed little bit CPA also works in company’s environment accounting, in an environment accounting CPA gets involved in environmental planning and audits to handling claims and disputes. CPA works in many ways for the Government. At the federal level, some examples of where a CPA would work include the Federal Bureau of Investigation, the Internal Revenue Service, Department of the Treasury, and the General Accounting Office. They may be involved with investigating white-collar crime, managing financial statement audits for government agencies, or performing research and analysis on financial management issues. At the state and local levels, CPAs are involved in conducting financial, performance or compliance audits which may include analyzing a school districts ability to remain