Training For Accounting Pittsburgh, PA

Training For Accounting

Training for Accountants

The majority of accountants need a bachelor’s degree in business, although an associate’s degree is a good basis for an accounting education, because it offers courses that deal with the many facets of the profession, and emphasizes mathematics. The bachelor’s degree usually includes certification as a Certified Public Accountant. One hundred fifty hours of course work make up the program and cover taxation, financial accounting, auditing and managerial accounting. Working for the Federal government requires a four year degree, or a combination of education and experience.

A master’s degree in accounting is a must for some companies, or an MBA with a concentration in accounting may be acceptable. Junior college, or correspondence school graduates with experience, can often obtain positions as junior accountants, working with an experienced accountant.

Accountants who file reports with the Securities and Exchange Commission must be CPAs who are licensed by their State Board of Accountancy. The accountant must pass a national examination and meet the requirements of the state where he wishes to practice. Most states require 150 semester hours of college work.  Some schools offer master’s degrees as part of the 150 hours.

 The Uniform CPA Examination, which has four parts, is used by all states, and is prepared by the American Institute of Certified Public Accountants. Most states require candidates to pass all four parts of the test within eighteen months of successfully scoring in the first section. The exam is offered at testing centers throughout the United States. Requirements vary from state to state. In order for licenses to be renewed, most states require continuing professional education.

In addition to the CPA, the Institute of Management Accountants offers a Certified Management Accountant designation to college graduates who have two years work experience, pass a four part exam, and agree to participate in continuing education and comply with professional standards of conduct. Other designations, among which are CIA (Certified Internal Auditor), and Certified Government Auditing Professional are available.