What Are the Benefits of Being a CPA?
CPA, certified public accountant, CPA’s are a vital part of any strong business or organization. In all three major areas of the accounting industry (Public, Private and Governmental) the CPA skill set is valued and respected as the pinnacle of professional achievement, and can equate to job promotions, travel opportunities, and personal growth.
1. Prestige, Respect and Reputation
They are well respected and greatly admired by their peers, clients, and social circles. Through their experience and knowledge, their virtues, ethics, character, technical and academic proficiency are tested. You could say that CPA stands for “Commitment, Professionalism, Achievement” just as much as it stands for Certified Public Accountant.
In today’s professional world, these 3 qualities are valued assets in any business. CPA is a highly sought after professions in this society today.
2. Money and financial satisfaction
Let’s face it: We all work to make money and earn benefits. If financial success is part of your motivation to become a CPA, you can breathe easily. For experienced CPAs. Salaries between $80K – $110K are common in public accounting, and these figures are likely to increase yearly, according to recent surveys.
3. Job Satisfaction and variety of work
As financial reporting becomes increasingly complex and increased in its importance, there is greater opportunity for criminal activity and negligence. Tighter regulations passed by the Securities Exchange Commission need to be complimented by CPA’s high level of honesty and integrity in order to put a stop to white collar crime and financial misstatements. They are frequently called upon to testify during criminal trials as expert witnesses.
As a whole, CPA’s are multifaceted professionals capable of performing multiple highly specialized job functions, some examples as below, but not limited to:
o Tax advisory services
o Business consultation
o Auditing
o International Financial Reporting
o Information Technology
o Management consultation
4. Career Security
There is a shortage of experienced accounting professionals, which puts those with their CPA designation even more in demand. What’s more, this trend shows no signs of slowing down. Students and young professionals that earn their CPA can almost guaranteed to find and secure a lucrative position of their choice. Firms and institutions are falling over each other in the struggle to locate and hang on to the most talented individuals. Universities and colleges will soon be offering compelling incentives to lure CPA’s into a teaching career. In a time when our financial institutions are claiming bankruptcy ; CPA’s tomorrow could be the day you write your own ticket to financial security.






