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What Is a CPA (Certified Public Accountant)?

A CPA is an acronym for a certified public accountant. All CPAs are accountants but not all accountants are considered CPAs. Getting the label of CPA means that the accountant must take a series of tests that are given by the American Institute of Certified Public Accountants. Some states in the...

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What Is Accounting?

Formally, accounting is defined as “the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof." This is the definition that has been determined...