accountingedu.org - CPA 2023 Exam Requirements by State | Accountant Education

Description: Explore career and education resources in accounting. Learn how a certified public accountant (CPA) obtains license & degree requirements by state at AccountingEdu.

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What is Accounting? – Accounting is the profession and the process of recording, comparing, analyzing, summarizing and reporting financial transactions of any kind for the purpose of both internal documentation and analysis as well as for regulatory and tax compliance. Every organization uses accounting professionals, from basic bookkeepers up to Chief Financial Officers, to build an accurate financial picture of operations, from inventory, to earnings, to valuations, to tax filings.

The need to control operational costs and manage growth, while being fiscally accountable to shareholders, regulators and the IRS are just the standard parts of doing business. And so companies of all sizes rely on auditors and accounts specializing in public, management, and government accounting in order to be successful in these domains and to ensure they are playing by the rules.

The U.S. Department of Labor’s Bureau of Labor Statistics projects that by 2029 the number of accountants and auditors will increase by 4% and represent more than 1.4 million members of the U.S. workforce. Job growth combined with normal attrition and other changes in the employment market will open up nearly 62,000 positions across all accounting specialties in the ten-year period leading up to 2029.

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