Accounting & Finance Student Resources
Begin your career in the accounting profession today by joining MACPA and AICPA.
Student membership also includes:
Passionate about accounting? Want to connect MACPA with your college?
Helping you along your path to becoming a CPA. Open the door to incredible career opportunities that make a meaningful contribution to our society.
Funded by the MACPA Foundation, there are multiple opportunities available:
Award amounts are based on need and student achievement.
Congratulations to all of those who received academic scholarships this year! Cheers to the step in your path to becoming an accounting & finance professional.
Did you know not all accountants are CPAs? While most use the terms interchangeably, there’s a big difference.
The CPA credential demonstrates significant expertise in business and finance. Achieving CPA status requires intelligence, ethics, integrity, challenging coursework, a year of experience, and a comprehensive exam. CPAs must adhere to a strict ethical code and high professional standards. Maryland CPAs must complete 80 hours of continuing education every two years to stay current with industry changes.
Congratulations! You are on your way to becoming an esteemed professional and one of the pillars of our economy: a certified public accountant. We've created an interactive tool that outlines everything you need to get you there:
The Two-Year Bridge Symposium seeks to engage with students from underserved and underrepresented communities who are interested in learning more about the amazing opportunities in the accounting profession. Apply for the free Symposium to be held on November 8, 2024 at Deloitte and PwC offices, in 14 cities around the country. Travel expenses will be paid for all selected. Hurry, spots are limited!
Be uniquely oriented to the Accounting and Finance profession and the important role you can play while learning what the designation CPA can do for your career:
MACPA Members Receive a 20% Discount on Gleim CPA Review, both the Traditional & Premium Review Systems. Gleim has helped millions of candidates pass their accounting certification exams since 1974. Authored by professional educators, Gleim CPA Review courses provide the tools needed to pass the CPA Exam. Gleim also offers a free CPA Exam Guide that will answer all of your questions regarding the CPA Exam process and what to expect on Exam Day.
Universal CPA Review is the CPA review for visual learners. If you are studying for the CPA exam, and are an MACPA member, take advantage of a 30% discount for all Universal CPA Review course products with discount code MACPA. Universal CPA Review includes lifetime access to our animated video lectures, animated study guides, and thousands of practice questions and task-based simulations. In addition, every practice question comes with a step-by-step video explanation, so its like having a tutor by your side! Universal CPA Review looks forward to helping MACPA members pass all four sections of the CPA exam.
Keep learning about your future! Reference these links below, and if you have any questions at all, please reach out to us here.
AICPA Resource Sites:
Other Organizations:
Professional Guidance:
During this two-month coaching experience, you will implement new behaviors, experience success and setbacks, and fine-tune your study plan as you go. This intimate group setting provides support from others who are going through similar challenges. This approach moves you from isolation to continuous support. Your coach and peers will encourage you to become the best version of yourself in the workplace and beyond. Find out more here.
The opportunities for CPAs are vast.
PUBLIC PRACTICE
In public practice, you would provide professional services, from tax and financial planning to business consulting and strategic planning, to individuals and business. You can work on your own as a sole practitioner or as a member of a public accounting firm. The CPA works for clients as an objective third party or as an adviser.
There are close to 50,000 public accounting firms in the United States ranging from small, local accounting practices to large international firms. Each firm provides its own unique mix of services and clients, which provides varying growth opportunities. Titles in public practice include staff accountant, in-charge accountant, manager, and partner, to name a few.
AUDIT
The Securities and Exchange Commission (SEC) requires every publicly-held company to issue an annual financial statement and the CPA is there to assist. CPAs examine clients’ financial statements to assure stockholders and other financial stakeholders that the company’s financial situation is reported correctly and fairly. The CPA offers advice to the companies on their internal finances , as well as prepares reports for the SEC. Many privately held companies also choose to have either an audit or a review in order to maintain good relations with their stakeholders.
ASSURANCE SERVICE
CPAs specializing in assurance services are part of the fastest growing niches in the industry. Assurance services are methods designed and implemented by the CPA that improve the quality of information for decision makers. Electronic commerce, elder care, comprehensive risk assessment, entity performance measurement and information systems quality assessment are just a few examples of assurance services areas.
ENVIRONMENTAL ACCOUNTING
As our global industries must pay close attention to environmental issues, CPAs are playing a key role. From environmental compliance audits and systems and procedures audits to handling claims and disputes, CPAs are advising their clients in creating systems for environmental compliance, preventing future legal claims, and advising in other legal matters.
FORENSIC ACCOUNTING
A CPA can also double as a detective of sorts. The forensic CPA looks beyond the initial numbers of accounting records to determine if fraud or criminal acts have been committed. The forensic CPA identifies evidence of criminal conduct and may assist in the litigation of claimed damages. In addition, companies consult forensic CPAs on decisions to declare bankruptcy or to remain solvent. CPAs are also called upon in family law and divorce cases to help determine property value and other financial matters.
INFORMATION TECHNOLOGY SERVICES
The expansion in information technology has created numerous opportunities for CPAs with computer skills. CPAs who can create and execute advanced technology solutions to fit a company’s specialized needs are in high demand. CPAs with skills in software research and development are in demand.
INTERNATIONAL ACCOUNTING
CPAs are essential in our global economy. With knowledge of international trade rules and laws, merger and acquisition issues, and foreign business customs, languages and procedures, a CPA can be invaluable to an international company. Management Consulting Service CPAs are known for their objective advice and technical assistance to individuals, businesses, financial institutions, non-profit organizations and government agencies. Consulting engagements, ranging from brief conversations with management to implementation of a system to improve operations, allow for variety and flexibility for the CPA.
PERSONAL FINANCIAL PLANNING
As personal financial planners (PFP), CPAs provide assistance in identifying financial goals and advising on the risk, liquidity, management and tax characteristics of investments. A PFP assists his clients to better manage their assets through controlling expenses and decreasing debt, develop investment tactics and asset allocation strategies, tax consulting, insurance planning, retirement planning, and understand estate and gift tax.
TAX ADVISORY SERVICES
The CPA with expertise in tax matters works in three main areas: tax practice, tax consulting, tax compliance, and representation of clients before the Internal Revenue Service (IRS). The tax specialist must use sound financial judgment and innovation in order to provide solutions to complicated tax problems.
In public practice, you would provide professional services, from tax and financial planning to business consulting and strategic planning, to individuals and business. You can work on your own as a sole practitioner or as a member of a public accounting firm. The CPA works for clients as an objective third party or as an adviser.
There are close to 50,000 public accounting firms in the United States ranging from small, local accounting practices to large international firms. Each firm provides its own unique mix of services and clients, which provides varying growth opportunities. Titles in public practice include staff accountant, in-charge accountant, manager, and partner, to name a few.
AUDIT
The Securities and Exchange Commission (SEC) requires every publicly-held company to issue an annual financial statement and the CPA is there to assist. CPAs examine clients’ financial statements to assure stockholders and other financial stakeholders that the company’s financial situation is reported correctly and fairly. The CPA offers advice to the companies on their internal finances , as well as prepares reports for the SEC. Many privately held companies also choose to have either an audit or a review in order to maintain good relations with their stakeholders.
ASSURANCE SERVICE
CPAs specializing in assurance services are part of the fastest growing niches in the industry. Assurance services are methods designed and implemented by the CPA that improve the quality of information for decision makers. Electronic commerce, elder care, comprehensive risk assessment, entity performance measurement and information systems quality assessment are just a few examples of assurance services areas.
ENVIRONMENTAL ACCOUNTING
As our global industries must pay close attention to environmental issues, CPAs are playing a key role. From environmental compliance audits and systems and procedures audits to handling claims and disputes, CPAs are advising their clients in creating systems for environmental compliance, preventing future legal claims, and advising in other legal matters.
FORENSIC ACCOUNTING
A CPA can also double as a detective of sorts. The forensic CPA looks beyond the initial numbers of accounting records to determine if fraud or criminal acts have been committed. The forensic CPA identifies evidence of criminal conduct and may assist in the litigation of claimed damages. In addition, companies consult forensic CPAs on decisions to declare bankruptcy or to remain solvent. CPAs are also called upon in family law and divorce cases to help determine property value and other financial matters.
INFORMATION TECHNOLOGY SERVICES
The expansion in information technology has created numerous opportunities for CPAs with computer skills. CPAs who can create and execute advanced technology solutions to fit a company’s specialized needs are in high demand. CPAs with skills in software research and development are in demand.
INTERNATIONAL ACCOUNTING
CPAs are essential in our global economy. With knowledge of international trade rules and laws, merger and acquisition issues, and foreign business customs, languages and procedures, a CPA can be invaluable to an international company. Management Consulting Service CPAs are known for their objective advice and technical assistance to individuals, businesses, financial institutions, non-profit organizations and government agencies. Consulting engagements, ranging from brief conversations with management to implementation of a system to improve operations, allow for variety and flexibility for the CPA.
PERSONAL FINANCIAL PLANNING
As personal financial planners (PFP), CPAs provide assistance in identifying financial goals and advising on the risk, liquidity, management and tax characteristics of investments. A PFP assists his clients to better manage their assets through controlling expenses and decreasing debt, develop investment tactics and asset allocation strategies, tax consulting, insurance planning, retirement planning, and understand estate and gift tax.
TAX ADVISORY SERVICES
The CPA with expertise in tax matters works in three main areas: tax practice, tax consulting, tax compliance, and representation of clients before the Internal Revenue Service (IRS). The tax specialist must use sound financial judgment and innovation in order to provide solutions to complicated tax problems.
BUSINESS & INDUSTRY
CPAs in business and industry work in a variety of companies from family-owned businesses to Fortune 500 companies. They are strategists who usually work within a particular industry specializing in developing, producing and analyzing data which assists in making business solutions. Industry titles include financial planning director, internal auditor, chief accountant, controller, and chief financial officer.
FINANCIAL MANAGEMENT
CPAs are responsible for studying a company’s financing needs, dealing with banks and other investors, and managing the company’s cash and investments.
FINANCIAL REPORTING
The CPA is responsible for collecting and checking data required for the preparation of financial statements. These CPAs are often in charge of various aspects of the computer system used in the preparation of financial statements.
INTERNAL AUDITING
The internal auditor is responsible for providing an objective review of the company’s financial and operating systems. The CPA also advises senior management on financial moves and planning.
MANAGEMENT ACCOUNTING
CPAs working in management accounting are responsible for the accumulation, analysis and reporting of financial and non-financial data in a format and level of detail required by management for making business decisions. Management accountants may make recommendations on business policy, resource allocation, and business operations to improve financial performance.
NON-FINANCIAL POSITIONS
CPAs are broad-based experts whose knowledge and skills are sought and valued by management in various non-financial positions. CPAs can succeed in business as top level managers, chief executive officers, and company presidents.
TAX PLANNING
CPAs determine the company’s liability for income tax, licenses, sales tax, property tax, and payroll tax. The CPA would analyze the effects of tax accounting alternatives and study laws and regulations to ensure correct application of new tax measures.
CPAs in business and industry work in a variety of companies from family-owned businesses to Fortune 500 companies. They are strategists who usually work within a particular industry specializing in developing, producing and analyzing data which assists in making business solutions. Industry titles include financial planning director, internal auditor, chief accountant, controller, and chief financial officer.
FINANCIAL MANAGEMENT
CPAs are responsible for studying a company’s financing needs, dealing with banks and other investors, and managing the company’s cash and investments.
FINANCIAL REPORTING
The CPA is responsible for collecting and checking data required for the preparation of financial statements. These CPAs are often in charge of various aspects of the computer system used in the preparation of financial statements.
INTERNAL AUDITING
The internal auditor is responsible for providing an objective review of the company’s financial and operating systems. The CPA also advises senior management on financial moves and planning.
MANAGEMENT ACCOUNTING
CPAs working in management accounting are responsible for the accumulation, analysis and reporting of financial and non-financial data in a format and level of detail required by management for making business decisions. Management accountants may make recommendations on business policy, resource allocation, and business operations to improve financial performance.
NON-FINANCIAL POSITIONS
CPAs are broad-based experts whose knowledge and skills are sought and valued by management in various non-financial positions. CPAs can succeed in business as top level managers, chief executive officers, and company presidents.
TAX PLANNING
CPAs determine the company’s liability for income tax, licenses, sales tax, property tax, and payroll tax. The CPA would analyze the effects of tax accounting alternatives and study laws and regulations to ensure correct application of new tax measures.
GOVERNMENT
The role of CPAs in government encompasses all areas of our federal, state, and local jurisdictions. The CPA has traditional duties in the areas of auditing, financial reporting and management accounting. Also, CPAs in government are able to evaluate and advise officials on the efficiency of governmental agencies on all levels.
FEDERAL LEVEL
CPAs work in such departments as the Federal Bureau of Investigation, the Internal Revenue Service, Department of the Treasury and the General Accounting Office. They may be involved in investigating white-collar crime, doing financial statement audits for government agencies, researching financial management issues, testifying before a legislative committee on an audit, or on the impact of pending tax legislation.
STATE/LOCAL LEVEL
At the state and local level, CPAs are involved in conducting financial, performance or compliance audits which may include analyzing a school district’s ability to remain viable, the propriety of expenditures for constructing prisons, the effectiveness of the workers’ compensation system, or the regulatory compliance of hazardous waste programs.
The role of CPAs in government encompasses all areas of our federal, state, and local jurisdictions. The CPA has traditional duties in the areas of auditing, financial reporting and management accounting. Also, CPAs in government are able to evaluate and advise officials on the efficiency of governmental agencies on all levels.
FEDERAL LEVEL
CPAs work in such departments as the Federal Bureau of Investigation, the Internal Revenue Service, Department of the Treasury and the General Accounting Office. They may be involved in investigating white-collar crime, doing financial statement audits for government agencies, researching financial management issues, testifying before a legislative committee on an audit, or on the impact of pending tax legislation.
STATE/LOCAL LEVEL
At the state and local level, CPAs are involved in conducting financial, performance or compliance audits which may include analyzing a school district’s ability to remain viable, the propriety of expenditures for constructing prisons, the effectiveness of the workers’ compensation system, or the regulatory compliance of hazardous waste programs.
NOT FOR PROFIT
CPAs in not-for-profit organizations provide the materials and information these institutions need to guarantee that the benefits and services they provide do not exceed revenues.
Whether a CPA is on the staff of a not-for-profit organization or serves in an advisory capacity, he or she can help the organization solve tax problems, set up an internal control system, budget resources, and prepare financial data for fundraising.
CPAs in not-for-profit organizations provide the materials and information these institutions need to guarantee that the benefits and services they provide do not exceed revenues.
Whether a CPA is on the staff of a not-for-profit organization or serves in an advisory capacity, he or she can help the organization solve tax problems, set up an internal control system, budget resources, and prepare financial data for fundraising.
EDUCATION
As educators, CPAs are faculty members in colleges of business administration, professional schools of accountancy, graduate schools of business, and community colleges. These CPAs are responsible for the instruction of students in areas such as auditing, financial accounting, taxation, cost and managerial accounting, and ethics.
In addition to teaching, educators have the opportunity to advise and influence students by organizing professional student groups and other activities. Researching, writing books and articles on accounting practices and theory are also components in the accounting education profession. Many educators also use their expertise and knowledge to consult businesses in management practices.
As educators, CPAs are faculty members in colleges of business administration, professional schools of accountancy, graduate schools of business, and community colleges. These CPAs are responsible for the instruction of students in areas such as auditing, financial accounting, taxation, cost and managerial accounting, and ethics.
In addition to teaching, educators have the opportunity to advise and influence students by organizing professional student groups and other activities. Researching, writing books and articles on accounting practices and theory are also components in the accounting education profession. Many educators also use their expertise and knowledge to consult businesses in management practices.
In public practice, you would provide professional services, from tax and financial planning to business consulting and strategic planning, to individuals and business. You can work on your own as a sole practitioner or as a member of a public accounting firm. The CPA works for clients as an objective third party or as an adviser.
There are close to 50,000 public accounting firms in the United States ranging from small, local accounting practices to large international firms. Each firm provides its own unique mix of services and clients, which provides varying growth opportunities. Titles in public practice include staff accountant, in-charge accountant, manager, and partner, to name a few.
AUDIT
The Securities and Exchange Commission (SEC) requires every publicly-held company to issue an annual financial statement and the CPA is there to assist. CPAs examine clients’ financial statements to assure stockholders and other financial stakeholders that the company’s financial situation is reported correctly and fairly. The CPA offers advice to the companies on their internal finances , as well as prepares reports for the SEC. Many privately held companies also choose to have either an audit or a review in order to maintain good relations with their stakeholders.
ASSURANCE SERVICE
CPAs specializing in assurance services are part of the fastest growing niches in the industry. Assurance services are methods designed and implemented by the CPA that improve the quality of information for decision makers. Electronic commerce, elder care, comprehensive risk assessment, entity performance measurement and information systems quality assessment are just a few examples of assurance services areas.
ENVIRONMENTAL ACCOUNTING
As our global industries must pay close attention to environmental issues, CPAs are playing a key role. From environmental compliance audits and systems and procedures audits to handling claims and disputes, CPAs are advising their clients in creating systems for environmental compliance, preventing future legal claims, and advising in other legal matters.
FORENSIC ACCOUNTING
A CPA can also double as a detective of sorts. The forensic CPA looks beyond the initial numbers of accounting records to determine if fraud or criminal acts have been committed. The forensic CPA identifies evidence of criminal conduct and may assist in the litigation of claimed damages. In addition, companies consult forensic CPAs on decisions to declare bankruptcy or to remain solvent. CPAs are also called upon in family law and divorce cases to help determine property value and other financial matters.
INFORMATION TECHNOLOGY SERVICES
The expansion in information technology has created numerous opportunities for CPAs with computer skills. CPAs who can create and execute advanced technology solutions to fit a company’s specialized needs are in high demand. CPAs with skills in software research and development are in demand.
INTERNATIONAL ACCOUNTING
CPAs are essential in our global economy. With knowledge of international trade rules and laws, merger and acquisition issues, and foreign business customs, languages and procedures, a CPA can be invaluable to an international company. Management Consulting Service CPAs are known for their objective advice and technical assistance to individuals, businesses, financial institutions, non-profit organizations and government agencies. Consulting engagements, ranging from brief conversations with management to implementation of a system to improve operations, allow for variety and flexibility for the CPA.
PERSONAL FINANCIAL PLANNING
As personal financial planners (PFP), CPAs provide assistance in identifying financial goals and advising on the risk, liquidity, management and tax characteristics of investments. A PFP assists his clients to better manage their assets through controlling expenses and decreasing debt, develop investment tactics and asset allocation strategies, tax consulting, insurance planning, retirement planning, and understand estate and gift tax.
TAX ADVISORY SERVICES
The CPA with expertise in tax matters works in three main areas: tax practice, tax consulting, tax compliance, and representation of clients before the Internal Revenue Service (IRS). The tax specialist must use sound financial judgment and innovation in order to provide solutions to complicated tax problems.
In public practice, you would provide professional services, from tax and financial planning to business consulting and strategic planning, to individuals and business. You can work on your own as a sole practitioner or as a member of a public accounting firm. The CPA works for clients as an objective third party or as an adviser.
There are close to 50,000 public accounting firms in the United States ranging from small, local accounting practices to large international firms. Each firm provides its own unique mix of services and clients, which provides varying growth opportunities. Titles in public practice include staff accountant, in-charge accountant, manager, and partner, to name a few.
AUDIT
The Securities and Exchange Commission (SEC) requires every publicly-held company to issue an annual financial statement and the CPA is there to assist. CPAs examine clients’ financial statements to assure stockholders and other financial stakeholders that the company’s financial situation is reported correctly and fairly. The CPA offers advice to the companies on their internal finances , as well as prepares reports for the SEC. Many privately held companies also choose to have either an audit or a review in order to maintain good relations with their stakeholders.
ASSURANCE SERVICE
CPAs specializing in assurance services are part of the fastest growing niches in the industry. Assurance services are methods designed and implemented by the CPA that improve the quality of information for decision makers. Electronic commerce, elder care, comprehensive risk assessment, entity performance measurement and information systems quality assessment are just a few examples of assurance services areas.
ENVIRONMENTAL ACCOUNTING
As our global industries must pay close attention to environmental issues, CPAs are playing a key role. From environmental compliance audits and systems and procedures audits to handling claims and disputes, CPAs are advising their clients in creating systems for environmental compliance, preventing future legal claims, and advising in other legal matters.
FORENSIC ACCOUNTING
A CPA can also double as a detective of sorts. The forensic CPA looks beyond the initial numbers of accounting records to determine if fraud or criminal acts have been committed. The forensic CPA identifies evidence of criminal conduct and may assist in the litigation of claimed damages. In addition, companies consult forensic CPAs on decisions to declare bankruptcy or to remain solvent. CPAs are also called upon in family law and divorce cases to help determine property value and other financial matters.
INFORMATION TECHNOLOGY SERVICES
The expansion in information technology has created numerous opportunities for CPAs with computer skills. CPAs who can create and execute advanced technology solutions to fit a company’s specialized needs are in high demand. CPAs with skills in software research and development are in demand.
INTERNATIONAL ACCOUNTING
CPAs are essential in our global economy. With knowledge of international trade rules and laws, merger and acquisition issues, and foreign business customs, languages and procedures, a CPA can be invaluable to an international company. Management Consulting Service CPAs are known for their objective advice and technical assistance to individuals, businesses, financial institutions, non-profit organizations and government agencies. Consulting engagements, ranging from brief conversations with management to implementation of a system to improve operations, allow for variety and flexibility for the CPA.
PERSONAL FINANCIAL PLANNING
As personal financial planners (PFP), CPAs provide assistance in identifying financial goals and advising on the risk, liquidity, management and tax characteristics of investments. A PFP assists his clients to better manage their assets through controlling expenses and decreasing debt, develop investment tactics and asset allocation strategies, tax consulting, insurance planning, retirement planning, and understand estate and gift tax.
TAX ADVISORY SERVICES
The CPA with expertise in tax matters works in three main areas: tax practice, tax consulting, tax compliance, and representation of clients before the Internal Revenue Service (IRS). The tax specialist must use sound financial judgment and innovation in order to provide solutions to complicated tax problems.
CPAs in business and industry work in a variety of companies from family-owned businesses to Fortune 500 companies. They are strategists who usually work within a particular industry specializing in developing, producing and analyzing data which assists in making business solutions. Industry titles include financial planning director, internal auditor, chief accountant, controller, and chief financial officer.
FINANCIAL MANAGEMENT
CPAs are responsible for studying a company’s financing needs, dealing with banks and other investors, and managing the company’s cash and investments.
FINANCIAL REPORTING
The CPA is responsible for collecting and checking data required for the preparation of financial statements. These CPAs are often in charge of various aspects of the computer system used in the preparation of financial statements.
INTERNAL AUDITING
The internal auditor is responsible for providing an objective review of the company’s financial and operating systems. The CPA also advises senior management on financial moves and planning.
MANAGEMENT ACCOUNTING
CPAs working in management accounting are responsible for the accumulation, analysis and reporting of financial and non-financial data in a format and level of detail required by management for making business decisions. Management accountants may make recommendations on business policy, resource allocation, and business operations to improve financial performance.
NON-FINANCIAL POSITIONS
CPAs are broad-based experts whose knowledge and skills are sought and valued by management in various non-financial positions. CPAs can succeed in business as top level managers, chief executive officers, and company presidents.
TAX PLANNING
CPAs determine the company’s liability for income tax, licenses, sales tax, property tax, and payroll tax. The CPA would analyze the effects of tax accounting alternatives and study laws and regulations to ensure correct application of new tax measures.
CPAs in business and industry work in a variety of companies from family-owned businesses to Fortune 500 companies. They are strategists who usually work within a particular industry specializing in developing, producing and analyzing data which assists in making business solutions. Industry titles include financial planning director, internal auditor, chief accountant, controller, and chief financial officer.
FINANCIAL MANAGEMENT
CPAs are responsible for studying a company’s financing needs, dealing with banks and other investors, and managing the company’s cash and investments.
FINANCIAL REPORTING
The CPA is responsible for collecting and checking data required for the preparation of financial statements. These CPAs are often in charge of various aspects of the computer system used in the preparation of financial statements.
INTERNAL AUDITING
The internal auditor is responsible for providing an objective review of the company’s financial and operating systems. The CPA also advises senior management on financial moves and planning.
MANAGEMENT ACCOUNTING
CPAs working in management accounting are responsible for the accumulation, analysis and reporting of financial and non-financial data in a format and level of detail required by management for making business decisions. Management accountants may make recommendations on business policy, resource allocation, and business operations to improve financial performance.
NON-FINANCIAL POSITIONS
CPAs are broad-based experts whose knowledge and skills are sought and valued by management in various non-financial positions. CPAs can succeed in business as top level managers, chief executive officers, and company presidents.
TAX PLANNING
CPAs determine the company’s liability for income tax, licenses, sales tax, property tax, and payroll tax. The CPA would analyze the effects of tax accounting alternatives and study laws and regulations to ensure correct application of new tax measures.
The role of CPAs in government encompasses all areas of our federal, state, and local jurisdictions. The CPA has traditional duties in the areas of auditing, financial reporting and management accounting. Also, CPAs in government are able to evaluate and advise officials on the efficiency of governmental agencies on all levels.
FEDERAL LEVEL
CPAs work in such departments as the Federal Bureau of Investigation, the Internal Revenue Service, Department of the Treasury and the General Accounting Office. They may be involved in investigating white-collar crime, doing financial statement audits for government agencies, researching financial management issues, testifying before a legislative committee on an audit, or on the impact of pending tax legislation.
STATE/LOCAL LEVEL
At the state and local level, CPAs are involved in conducting financial, performance or compliance audits which may include analyzing a school district’s ability to remain viable, the propriety of expenditures for constructing prisons, the effectiveness of the workers’ compensation system, or the regulatory compliance of hazardous waste programs.
The role of CPAs in government encompasses all areas of our federal, state, and local jurisdictions. The CPA has traditional duties in the areas of auditing, financial reporting and management accounting. Also, CPAs in government are able to evaluate and advise officials on the efficiency of governmental agencies on all levels.
FEDERAL LEVEL
CPAs work in such departments as the Federal Bureau of Investigation, the Internal Revenue Service, Department of the Treasury and the General Accounting Office. They may be involved in investigating white-collar crime, doing financial statement audits for government agencies, researching financial management issues, testifying before a legislative committee on an audit, or on the impact of pending tax legislation.
STATE/LOCAL LEVEL
At the state and local level, CPAs are involved in conducting financial, performance or compliance audits which may include analyzing a school district’s ability to remain viable, the propriety of expenditures for constructing prisons, the effectiveness of the workers’ compensation system, or the regulatory compliance of hazardous waste programs.
CPAs in not-for-profit organizations provide the materials and information these institutions need to guarantee that the benefits and services they provide do not exceed revenues.
Whether a CPA is on the staff of a not-for-profit organization or serves in an advisory capacity, he or she can help the organization solve tax problems, set up an internal control system, budget resources, and prepare financial data for fundraising.
CPAs in not-for-profit organizations provide the materials and information these institutions need to guarantee that the benefits and services they provide do not exceed revenues.
Whether a CPA is on the staff of a not-for-profit organization or serves in an advisory capacity, he or she can help the organization solve tax problems, set up an internal control system, budget resources, and prepare financial data for fundraising.
As educators, CPAs are faculty members in colleges of business administration, professional schools of accountancy, graduate schools of business, and community colleges. These CPAs are responsible for the instruction of students in areas such as auditing, financial accounting, taxation, cost and managerial accounting, and ethics.
In addition to teaching, educators have the opportunity to advise and influence students by organizing professional student groups and other activities. Researching, writing books and articles on accounting practices and theory are also components in the accounting education profession. Many educators also use their expertise and knowledge to consult businesses in management practices.
As educators, CPAs are faculty members in colleges of business administration, professional schools of accountancy, graduate schools of business, and community colleges. These CPAs are responsible for the instruction of students in areas such as auditing, financial accounting, taxation, cost and managerial accounting, and ethics.
In addition to teaching, educators have the opportunity to advise and influence students by organizing professional student groups and other activities. Researching, writing books and articles on accounting practices and theory are also components in the accounting education profession. Many educators also use their expertise and knowledge to consult businesses in management practices.
To learn more about student resources, contact Lauren McDonough:
lauren@macpa.org, 443.632.2328