Why Hire A CPA?

Discover how CPAs are vital components to a company’s success

Stereotypical CPA

For years, people have pictured the same thing when they think of a CPA:

• Eyeshades

• Green Garters on the arms

• Timid bookworm

• Nerd of the class

• Bean Counter

Real CPAs

Real CPAs are multi-talented individuals. They’re also:

• Star athletes

• Homecoming Queens

• Head Cheerleaders

In short, it is the least likely person you would expect to be a CPA.

CPAs Today Interface with Professionals at all levels

• Corporate CEOs• Forensic Experts• Law Enforcement• FBI Agents• Presidents of Corporations

Most people do not realize the variety of service and opportunities available for CPA.

What Does it Take to be a CPA and Who Can Achieve it?

Initial Requirements:

• 150 College Hours

• Experience

• Background Checks and Referrals

• 4-Part Computerized Exam

*First time pass rate= <10%

Ongoing Requirements

• Annual CPE of 40 hours per year, including two hours of Ethics.

• Maintain Professional Standards

Skills Needed to be a CPA

• Initiative and self-discipline Sitting for the CPA exam

• Multi Task

• Critical thinking Review complex situations

and break down to components

Skills Needed to be a CPA (continued)

• Analytical Process Obtain an understanding of the situation at hand and identify

optimum solutions

• Communication Relate ideas to all personnel levels of the business organization Written communication and correspondence to be concise and

succinct

• Forensic investigation skills

Traits Needed to be a CPA

• Sound judgment

• Ethics and integrity

• Ability to adhere to high professional and personal standards

• Lifelong commitment

• Competitive

Traits Needed to be a CPA (continued)

• Organized

• Creative

• Vision

• Team player

• Perseverance

Disciplines for CPAs

• Accounting

• Finance

• Economics

• Management

• Information Management Systems/Technology

• Credit Management

A CPA is a Trusted Business Advisor

In a recent survey of business owners, most said they go to their CPA first for business consultation.

Any Questions?

Brought to you by the Oklahoma Society of Certified Public Accountants.

The CPA. Never Underestimate the Value.