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Between 1976 and 2005, 77% of CPAs were either middle or upper class and nearly half of all CPA candidates belonged to an upper middle class socioeconomic background. Although AICPA membership is predominated by individuals from wealthier socioeconomic backgrounds, 20% of AICPA members were lower class between 1976 and 2005.
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A CPA is licensed by a state to provide auditing services to the public. Many CPA firms also offer accounting, tax, litigation support, and other financial advisory services. The requirements for receiving the CPA license vary from state to state, although the passage of the Uniform Certified Public Accountant Examination is
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This education can cost an average of $19,749 annually, covering tuition and related fees. Key expenses involve: CPA Exam Fees: Around $344.80 per section, totaling approximately $1,379.20 for all ...
The Association of Chartered Certified Accountants (ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (CCA). Founded in 1904, It is now the fourth-largest professional accounting body in the world, with 252,500 members and 526,000 student members.
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A report from the National Association of State Boards of Accountancy ranked the University of Missouri first in the nation on the May 2003 CPA exam. Students at MU achieved a 59 percent pass rate compared to the national average of 20 percent. [12]