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CPA with a Finance Degree: A Powerful Combination for Career Success

Usually, senior CPAs in management positions will earn over $100,000 on a regular basis. According to the BLS, the median salary for chief executives was $179,520 for 2021. Coursera’s editorial team is comprised of highly experienced professional editors, writers, and fact… A CPA may advise on different forms of business organization (partnership, corporation, limited liability company, etc.) and the benefits and advantages of each in different situations.

  • With the combination of the required bachelor’s degree and experience, it may take a minimum 6-7 years to become a financial accountant.
  • This resource lists openings for finance, business, and management jobs.
  • The higher salaries often mean more responsibilities at work, which could cause stress, but it depends on the individual.
  • Enroll in CPA review courses that provide comprehensive study materials and practice tests.
  • Being a CPA is a valuable asset to any company, but you don’t have to spend your days working for someone else.
  • Most accounting majors can satisfy most of the educational requirements, although states require 150 semester hours of college credit before you’re eligible to take the exam.

At Intuit, we offer competitive wages and bonuses to Tax Experts, Bookkeepers, and more for those with a CPA. Although we also have non-credentialed roles, you can achieve higher hourly wages with a CPA, making it a good reason to pursue that certification. So if you’re ready to start your own CPA firm, check out our resources on how to start a tax prep business, and fill out this form to get more information about Intuit TurboTax Verified Pro. If you’re interested in becoming a CPA and starting your own firm, you can jump start your business by partnering with Intuit as a TurboTax Verified Pro. This can help you get referrals for your business and build your business quickly by tapping into their network of thousands of potential customers.

Accounting vs. CPA Careers

Earning a bachelor’s degree from an accredited educational institution is the first step to becoming a CPA, and many CPAs start with a bachelor’s degree in accounting. Earning an accounting degree can help prepare you for the CPA exam, but majoring in accounting or a related discipline is not necessarily required. Other majors outside of accounting may lend a strong skill set to the field of accounting, for instance, English majors may benefit from strong writing and comprehension skills. She earned a bachelor of science in finance and accounting from New York University. Matos began her career at Ernst & Young, where she audited a diverse set of companies, primarily in consumer products and media and entertainment. She has worked in the private industry as an accountant for law firms and ITOCHU Corporation, an international conglomerate that manages over 20 subsidiaries and affiliates.

Graduate-level financial accounting coursework concentrates on the analysis of financial statements, financial modeling, and predictive data analysis. Students develop skills in forecasting revenues and expenses and synthesizing financial information to create financial reports. In general accounting undergraduate coursework, students learn traditional accounting theories and principles. Financial accounting coursework, however, emphasizes leveraging those accounting theories to value companies and report findings to external stakeholders. Students pursuing a bachelor’s degree with a concentration in financial accounting take a series of courses that teach them how to analyze financial statements.

What Can You Do With An Accounting Degree? 10 Career Paths To Consider

Dedicate focused effort and determination to pass all sections of the CPA exam. Achieving this milestone is a significant step towards earning the CPA designation. This midsize city offers below-average housing prices and has enacted several economic development programs in recent years to spur growth. Such programs include Tulsa Remote—designed to attract remote workers—and Vision Tulsa, which allocates over $510 million to local infrastructure and public safety spending. Known for its sunny climate, rich cultural history and culinary distinction, Tucson boasts strong projected growth for accounting jobs. The city’s economy excels in the science and engineering spaces, with top industries including aerospace and defense, renewable energy, and optics and photonics.

What degree do you need to become a CPA?

The WGU Master of Accounting (MAcc) degree program is designed to prepare you for the Certified Public Accountant (CPA) exam, meeting the required hours needed to sit for the CPA exam in most states. Earning the prestigious CPA designation is a significant achievement that demonstrates a high level of competence and expertise in accounting. CPAs are recognized as trusted professionals who possess comprehensive knowledge of accounting principles, financial reporting, auditing, taxation, and business law.

Can You Be a CPA with a Finance Degree?

In addition to a bachelor’s degree in business or a related field, you can expect to need a minimum of five years in a financial occupation before landing a financial manager job. Additionally, obtaining a CPA license or CFA certification can help you stand out among other applicants. These benefits are enticing, however the path to getting certified is a rigorous one. It includes meeting education and work requirements as well as dedicating time to studying so you can pass all four parts of the CPA exam sections.

What Do People Do in Finance: A Comprehensive Guide

They can tailor financial strategies based on clients’ unique goals and risk profiles, providing personalized and effective solutions. If you’re planning to launch or continue your accounting career in a new city, you have plenty of options. Tulsa’s investments point to a growing economy with opportunities for accountants both within and beyond traditional major industries such as energy, aerospace, manufacturing and transportation.

Switching from Lease to Finance: A Comprehensive Guide

If you have a finance degree and aspire to pursue a career in accounting, you might be wondering if you can become a Certified Public Accountant (CPA). The good news is that a finance degree can indeed provide an excellent foundation for a CPA career. In this article, we’ll delve into the details of how you can leverage your finance background to become a CPA, exploring the necessary steps, requirements, and potential career benefits. So, let’s embark on this journey to uncover the path of combining your finance degree with a CPA designation. A finance degree serves as the foundation for understanding the intricacies of financial markets, investment strategies, risk management, and financial analysis. Through a finance program, individuals gain in-depth knowledge of economic principles, financial modeling, and the art of making sound financial decisions.