After pursuing your Master of Science in Accounting, you might be thinking of taking the CPA exam. Because a large portion of the CPAs will be eligible to retire by 2020, the industry is in need a new generation of certified accountants. The CPA exam, therefore, is a gateway to increasing opportunity.
The Value of Certification
As you consider your career opportunities as an MSA degree holder, it’s important to weigh the pros and cons of seeking licensure as a certified public accountant (CPA). The certification could lead to a number of positive changes in your career including increased earning potential and employment opportunities. Though the exam plays a crucial role in the certification, experience and education are also taken into account. This is why pursuing an accounting degree online can be a helpful first step toward certification. The exam is another crucial element.
About the CPA Exam
The CPA exam consists of four sections:
- Auditing and Attestation
- Business Environment and Concepts
- Financial Accounting and Reporting
The entire examination is 16 hours long, with each section allowing four hours for completion. Preparing for the exam can be a rigorous process, but is necessary for success. View the infographic below to see why: