Prepare to Move Up the Corporate Ladder by Passing the Uniform CPA Exam
Once you have developed into a well-rounded accounting professional, your next important step, as you aim to move up the corporate ladder, is to become a licensed Certified Public Accountant.
Currently, there are new requirements imposed by some states before one can take the CPA licensure exam. Before, a four-year college accounting degree or its equivalent sufficed; the present educational requisite is at least five years of college-acquired accounting education. This denotes that another year of continuing advanced studies in an accounting discipline, including courses on ethics, has to be added to the four-year baccalaureate degree in order to sit for the four-part CPA licensure exam.
In addition, some US states like Oregon require the exam-taker to have at least two years' work experience, while the state of Texas requires sufficient work familiarity specifically in the field of financial statements reporting, financial consultancy services, and forensic accounting, as well as internal auditing services, before an applicant is allowed to take the CPA board exams. Some others require a graduate degree like an MBA to gain mastery of the different facets of accounting mentioned in the earlier sections of this article. Read about the different accounting specializations in this related article about the Different Careers in Business Accounting.
At this early stage, it would be best to check out your state’s requirement when applying for a CPA licensure exam at this state-by-state reference guide. The publisher of the directory, however, recommends direct communication with the state board's authorized representative to learn more information about your state's accountancy board requirements.