What exactly does a certified public accountant do?

First enter an accounting firm, and after two years of audit experience, you can declare a certified public accountant;

Second, if you don't join the firm, you can join the Institute of Accountants first and become a non-practicing member. Non-practicing members have to participate in continuing education after joining, so as to retain their qualifications permanently. Otherwise, the certificate will be invalid after 5 years. After obtaining the practicing certificate, you can become a certified public accountant. Generally, you can apply for a visa at an accounting firm. After a non-practicing certificate, you can only enter the enterprise as a financial manager or general manager, and you can't conduct visa review.

In short, you can sign the audit report after practicing, but not after practicing. Non-practicing certificate is not as comprehensive as practicing certificate.

Career development:

1. Accountants and audit firms

There is no doubt that according to the requirements of practice, the most urgent need of accounting firms is the holder.

2. Investment banks

The main businesses of investment banks are mergers and acquisitions, private equity and investment. The professional skills that investment banks need are finance and law. If you pass both the CPA and the teacher exams, you are the favorite person in the investment bank.

3. Commercial banks

The business personnel of commercial banks are all accountants. Their main skill is accounting. On the business card given to you by the general bank president, except for the position of president, certified public accountant or senior accountant is the most proud.

4. Consulting company

Both McKinsey and Bain were born in finance, and both established their own consulting companies with their own names, which are very famous.

Multinational companies such as Top 5.500.

The finance department and the audit department will not say much. It is said that in the past 30 years, two-thirds of the CEOs of the top 500 companies have financial backgrounds. Rockefeller, Pierre Cardin and Buffett are all financial accountants.

6. Large and medium-sized state-owned enterprises (central enterprises)

China's large and medium-sized state-owned enterprises are the backbone demanders of senior financial personnel and attach great importance to the holders of certified public accountants. Holders of certified public accountants' certificates are promoted rapidly within the enterprise, and the enterprise will even arrange some funds to reward employees who have studied on the job and obtained certified public accountants' certificates.

7. Government agencies

Many government agencies in charge of economic work, such as China People's Bank, National Audit Office, China Securities Regulatory Commission, China Insurance Regulatory Commission, China Banking Regulatory Commission, etc., currently require candidates to have a certified public accountant certificate.

Extended data:

For certified public accountants, professional quality is reflected in two aspects: professional quality and professional ethics quality.

1. Professional quality

Nowadays, the society requires higher and higher professional quality of certified public accountants. Taking the CPA exam is just the beginning. According to the current market demand, the professional development of certified public accountants is good, and they should obtain "three certificates": certified public accountants, certified asset appraisers and certified auditors.

In addition, there are a wide range of customers at work. In addition to domestic certificates, certified public accountants can also take international certification certificates. According to the relevant laws and regulations of China, China CPA has the right to sign the company's financial and audit reports.

2. Professional ethics quality

The International Professional Accountant Qualification Guide also clearly regards the professional ethics of certified public accountants as a very important part. The goal of certified public accountants is: the highest level of professional accomplishment, the highest level of professional performance, and the best image of serving the public interest. This is actually a requirement of professional ethics.

Specifically, the four requirements of professional ethics are: good reputation, noble professional spirit, excellent service quality and strict working principle of keeping secrets. The basic principles of professional ethics are: fair and objective professional methods, rigorous and responsible competence, due professional caution and so on.

References:

Baidu encyclopedia -cpa (certified public accountant)