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Certified Public Accountant - CPA
What does it mean?
A designation by the American Institute of Certified Public Accountants for those who pass an exam and meet work-experience requirements.
In Other Words...
For the most part the accounting industry is self-regulated. The CPA is a designation designed to help ensure professional standards for the industry are enforced.
Other countries have certifications equivalent to the CPA for their region. For example, in Canada, accountants similar to the CPA are called Chartered Accountants (CA).
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Related Terms
Accountant | Accounting | Audit | Cook The Books | GAAP | International Accounting Standards (IAS)
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