CPA and other professional certifications for accountants
Many students who enter the accounting profession choose to enhance the value of their degree and expand their career opportunities by becoming Certified Public Accountants (CPA), the universally-recognized credential for accountants.
CPAs are licensed by each state in which they provide accounting services. The CPA designation is regarded highly by employers who hire accountants for both auditing and non-auditing positions. Certification is a testament to an individual’s technical knowledge, understanding of ethical requirements, and commitment to succeed in the accounting profession. Licensure as a CPA will enhance an accountant’s credibility with colleagues and clients plus increase opportunities for career advancement. Requirements to become a CPA in the state of Texas are available from the Texas State Board of Public Accountancy. Refer to www.tsbpa.state.tx.us
Obtaining an additional professional certification (beyond the CPA) can also be important for accountants because it will indicate an area of specialization. This can include auditing, government accounting, management accounting, fraud examination, and many others. Below is a list of some of the professional certifications available; but, there are many others. Most involve meeting academic requirements and specified years of experience. For more information, refer to the websites provided below. Students should confer with a member of the Accounting faculty to identify certificates which will be relevant for their chosen career paths.
“The faculty provided me with the technical expertise and support for becoming both a CPA and a CFE. They stressed the importance of the credentials and based on the accounting curriculum, I felt confident about passing both exams. These professional credentials assure that my clients know I am well-qualified and have high standards in my profession.”
— Karina Parlato, MACT ’13
CFE – Certified Fraud Examiner by Association of Certified Fraud Examiners www.acfe.com
CGFM – Certified Government Financial Manager by Association of Government Accountants www.agacgfm.org
CGMA - Chartered Global Management Accountant by American Institute of CPAs www.aicpa.org and Chartered Institute of Management Accountants (UK)
CIA – Certified Internal Auditor by Institute of Internal Auditors https://na.theiia.org/Pages/IIAHome.aspx
CISA – Certified Information Systems Auditor by Information Systems Audit & Control Assoc. www.isaca.org
CITP - Certified Information Technology Professional www.aicpa.org
CMA - Certified Management Accountant by Institute of Management Accounting www.imanet.org
CVA – Certified Valuation Analyst by National Association of Valuation Analysts www.nacva.com
Enrolled Agent – Internal Revenue Service http://www.irs.gov/Tax-Professionals/Enrolled-Agents