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Why CPA Exam Requirements Are So Difficult CPA requirements differ from state to state. One thing that remains common across them all is that meeting the requirements to earn a CPA license is extremely difficult. There are several reasons for this difficulty. The Devil is in the Details CPAs are normally privy to confidential and private information that must be protected. Failure to protect this information could result in someone being able to steal another's identity and commit fraud. Leaking of private financial information could also result in serious harm to individuals and business entities in a variety of ways. The work done by CPAs is of a very exacting nature. Misplacing a decimal point in a simple calculation could result in catastrophic financial losses to a client. Clients could end up paying more tax than they actually owe or underpaying, which could lead to substantial penalties later down the road. These types of miscues can also have a powerful impact on the day-to-day operations of a business client. While most people only think of CPAs when it gets close to tax time each year, CPA professionals provide a full range of accounting services. They also provide bookkeeping and payroll services to those clients who desire them. Many handle receivables and payables as well. Whenever a CPA is employed by a business or individual to provide accounting services, he/she is entrusted with that client's financial well-being. He/she is also obligated to maintain complete and accurate records as well as prepare financial reports and statements that allow the client to see exactly where his/her money is at any given time. Collecting the data for these reports from a myriad of sources is stressful given the added pressure of performing reliable financial calculations on a daily basis. Continuing Professional Educations (CPE) Requirements -------------------Too keep reading the article, visit the best FREE CPA Exam site on the web. If the link does not work, you can type on your address bar: http://www.onlinecpareviewclasses.com/why-cpa-requirements-are-so-difficult/


Why CPA Exam Requirements Are So Difficult  

Why CPA Exam Requirements Are So Difficult

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