Becoming an accountant is one of the most lucrative career paths one can choose to follow, but it is also one of the most challenging. As difficult as it may be, however, the path to becoming a Certified Public Accountant (CPA) is even more demanding. The education and training requirements involved in obtaining certified public accountant credentials are rigorous at best. The rewards, however, make it well worth it.
Many people who consider a career in accounting often wonder why they should look into becoming a certified public accountant. If you’re asking yourself this question, here’s some food for thought:
1. Non-Certified Accountants Have Limited Career Advancement Options – Becoming an accountant is far less demanding than becoming a CPA, and non-certified accountants are rarely ever able to advance in their career beyond a certain point. Typically, public accounting firms require their accountants to at least pass the CPA exam in order to move up in their organizations, and even then, it is no guarantee.
2. There Is Far More Credibility Associated With CPA Certification – There is a certain level of trust that is associated with certification in the accounting profession; trust which is simply not given to those who do not have that certification. Having CPA status often makes the difference for employers who may be faced with a hiring decision between two otherwise equally qualified candidates.
3. CPAs Have Greater Earning Power – When it comes to all of the important elements of landing a job, we all know that the “bottom line” – earning power – is arguably the most important. CPAs on average earn at least ten percent more than non-certified accountants, and there are certain other areas within the accounting profession where CPA status can allow a candidate to demand an even higher salary. Therefore, earning certification as a public accountant does indeed require more work and a greater level of commitment, but those who make that commitment are always glad they did.