| In addition to the education and testing requirements, is a CPA required to have work experience prior to beginning practice? |
Yes, a Certified Public Accountant must be under the supervision of a licensed certified public accountant. The amount of experience depends on the educational qualifications of the applicant. Acceptable work experience must be gained in at least one of the following areas:
- Attest and or compilation services.
- Preparation of financial statements and reports.
- Preparation of tax returns and or consultation on tax matters.
- Consultation, design, and/or implementation of computer software when the services imply the possession of accounting and/or auditing skills.
|
| Does a Certified Public Accountant have continuing education requirements? |
| Yes. A Certified Public Accountant must renew his or her license annually and obtain 120 hours of Continuing Professional Education (CPE) every three years and no year during the period may have less than 20 hours of CPE credit. |
