What is the difference between a certified public accountant, a public accountant, and an "accountant"?
Accounting student at Towson university #accounting
6 answers
Rose’s Answer
I am a licensed CPA who cannot sign off on an audit because I have never done any public accounting. Informally, I would just call myself an accountant (or financial analyst), since I have worked in the private sector my whole career. In industry, accountants may simply be data entry clerks with a high school education, or they may be experienced professionals with advanced degrees and certifications.
Astrid’s Answer
A CPA is able to represent themselves and others in the Tax court. Here the CPA has the same authority as a lawyer.
A public accountant works in the public sector usually associated with community organizations, etc.
An 'accountant' can work in the private sector, or any other branch.
Like in any other field certification allows for more flexibility and privileges within the field.
Yan’s Answer
Layal’s Answer
Rachel’s Answer
A CPA is a Certified Public Accountant. A Public Accountant, to me, sounds like someone working at a CPA firm in public accounting (i.e. they help businesses by preparing their taxes, auditing their financial statements, or consulting). An accountant is an umbrella term that would apply to any type of accountant, whether they work for a company or an accounting firm, whether they are a CPA or not.
Robert’s Answer
I worked in the accounting profession for 30 years and I am I Certified Public Accountant (CPA). The difference between a Public Accountant and and a CPA is that the CPA has passed the state exam that gives you the license to practice. The exam is very difficult to pass and that is why having a CPA designation is so valued in the workplace. A Public Accountant can still practice accounting (like do tax returns or bookkeeping for example), but they cannot audit a company and provide an opinion on their Financial Statements. Many people that go into accounting work in private industry and they are the "accountants" that you referred to in your question. Many of them have Masters degrees instead of a CPA license. There are a lot of opportunities in Accounting. The profession continues to grow and there are many career paths to be considered (Tax, Internal Audit, Budgeting, Financial Analysis, Controller, Chief Financial Officer, etc).