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State licensing requirements vary, but the minimum standard requirements include passing the Uniform Certified Public Accountant Examination, 150 semester units of college education, [1] and one year of accounting-related experience. Continuing professional education (CPE) is also required to maintain licensure.
As noted above, the majority of accountants work in the private sector or may offer their services without the need for certification. The training time required for accountancy certification in the US requires specific guidelines: Certificate: Several months to a year; Associate degree: One–two years; Bachelor's degree: Three–four years
A degree in accounting may also be required for, or may be used to fulfill the requirements for, membership to professional accounting bodies. For example, the education during an accounting degree can be used to fulfill the American Institute of CPA's (AICPA) 150 semester hour requirement, [60] and associate membership with the Certified ...
The degree is thus not to be confused with a B.B.A. in Accounting or B.Com. in Accounting, which are general business degrees with accounting as an area of concentration; for discussion, see Business education § Undergraduate education. Some programs allow for specializations in topics such as Tax Accountancy, Auditing or Forensic Accountancy.
To apply for accounting accreditation, a school is required either to already hold the business accreditation, or to apply for both the business and accounting accreditations at the same time. [2] The initial accounting accreditation process starts with the submission of an eligibility application, and includes self-evaluations and peer reviews ...
The Master of Accountancy (MAcc, MAcy, or MAccy), alternatively Master of Science in Accounting (MSA or MSAcy) or Master of Professional Accountancy (MPAcy, MPAcc, MPA or MPAc), is a graduate professional degree designed to prepare students for public accounting; academic-focused variants are also offered.
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