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I am confused between the CPA(Certified Public Accountant) and PA(public Accountant).
Do both have different exam requirement or both have to sit for the same CPA Exam??
What is the different in responsibilities and authority between both??
Is that something that CPA can do but not allow for PA??
How many years for each to get certified??
Which is better if I am currently employed in a private sector and do not want to waste two year for getting certified?
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One Response to "What Is The Different Between Cpa And Pa ?"
October 19th, 2009 at 2:03 am
I can only answer the question as it relates to the state of California.
Years ago (I do not know exactly when, but it was decades ago) the state decided to grant the PA designation to accountants working in public accounting that had a requisite amount of experience. With the stroke of a pen, these accountants became PAs. PA licenses are no longer issued. Just because of the laws of nature the number of PAs still in practice continues to shrink (as they retire or die). PAs can do exactly what CPAs can do; it is just that you cannot obtain a PA license. Again, all of this is as it is in California.