Asked by Abigail Rodriguez on May 19, 2024
Verified
Which of the following is not a formal requirement to become a licensed certified public accountant (CPA) ?
A) A college education.
B) Professional experience.
C) Membership in the American Institute of Certified Public Accountants (AICPA) .
D) A professional examination.
Certified Public Accountant (CPA)
A professional designation given to accountants who pass a licensing examination and meet other state requirements.
American Institute of Certified Public Accountants (AICPA)
A national professional organization for Certified Public Accountants (CPAs) in the United States, setting ethical standards and auditing procedures.
Professional Examination
A test that evaluates an individual's knowledge, skills, and competencies in a particular profession, often required for certification.
- Identify the formal requirements and importance of the Certified Public Accountant (CPA) certification.
Verified Answer
CN
Cloie NicoleMay 22, 2024
Final Answer :
C
Explanation :
While membership in the AICPA is recommended for CPAs, it is not a formal requirement to become licensed. The formal requirements include a college education, professional experience, and passing a professional examination.
Learning Objectives
- Identify the formal requirements and importance of the Certified Public Accountant (CPA) certification.