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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 a Certified Public Accountant (CPA) ?

A Certified Public Accountant, or CPA, is a professional who has passed the certification exam for public accountants. More than passing the certification exam, the person also has to have the required experience practicing his profession. The specific requirements for this title differ from...

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What Is a Financial Audit?

A financial audit is a process in which the financial status of a person or a business entity is evaluated. The goal is to determine the accuracy of the financial statements of the person or entity being audited. In general, a financial audit is supposed to be conducted by an external party in...