Is a master’s in accounting or CPA license more valuable?

If you asked 100 people in accounting, then 100 people should tell you to get your CPA license. The CPA license is the professional license for the accounting industry, and without it, you’ll never be viewed as a credible professional. If you need credit hours, then you can use the master’s program to obtain the…

Do I work in public or private accounting?

Public accounting is when the accounting firm or the accountant serves a 3rd party like a corporation, individual, not-for-profit organization, or a government organization. Private accounting is when the accountant performs accounting and financial tasks for their employer. Private accounting is often referred to as “industry accounting”. To figure out whether you are in public…

What is public accounting?

Accountants can either work in public or private accounting (industry). Basically, if an accountant works in public accounting, they would serve clients such a corporations, individuals, not-for-profit organizations, or governmental entities. If an accountant works in private accounting, they are performing internal accounting functions for their employer (help process financial transactions and prepare financial statements)….

What is the AICPA?

AICPA stands for “American Institute of Certified Public Accountants”. The American Institute of Certified Public Accountants is the national professional organization of Certified Public Accountants in the United States. According to the AICPA website, there are more than 418,000 members in 143 countries. The AICPA develops standards for audits of private companies and other services…