What is the difference between a CPA and other accountants?
A CPA is licensed by the state. To become a CPA an individual must demonstrate knowledge and competence by passing a rigorous examination, must meet high educational standards, and must have a specified amount of experience working in the profession. While the requirements vary between states, it is difficult everywhere to achieve a CPA license. But, the story does not end there. In order to continue to be licensed, a CPA must meet stringent continuing education requirements, undergo periodic peer review if attest services are provided, and achieve and demonstrate a high level of accountability in their honesty and professionalism. To get, and keep, a CPA license requires a high level of knowledge, dedication, and continuing education. As a user of CPA services you should expect to benefit from this. CPAs are integral to the audit process that provides an independent analysis of the financial records of a company. They are also authorized to represent taxpayers in an IRS audit. (Click