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What is a certified public accountant?

Author:
Harold Averkamp, CPA, MBA

Definition of Certified Public Accountant

A certified public accountant (CPA) is a person who has completed the required accounting degree, passed the very difficult CPA Exam, has at least several years of professional accounting experience, and is licensed by one of the 50 U.S. states (or one of the five other jurisdictions). The CPA’s license is renewed if the state’s continuing professional education requirements are met.

Examples of a Certified Public Accountant

Certified public accountants work in many areas of accounting including the following:

  • Public accounting as a sole practitioner or as a member of small to international CPA firms working as an auditor, tax consultant, general consultant, etc.
  • Manufacturing companies, service businesses, etc. working as an accountant, controller, vice president of finance, and more
  • Not-for-profit organizations, government agencies, education, and more working in a variety of roles.
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  • Debits and Credits
  • Adjusting Entries
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  • Balance Sheet
  • Income Statement
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  • Financial Ratios
  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Inventory and Cost of Goods Sold
  • Depreciation
  • Payroll Accounting
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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