Upon becoming a CPA, one can get the CPA job opportunities in many industries, including
- Public Accounting
- Corporate Accounting
- Government
- Academy
- Non-Profit
Let us discuss these in detail:
1. Public Accounting
Public accounting is one of the top CPA job opportunities that serve many clients. Presently, there are 46,000+ public accountants working in US firms. Here are the public accounting positions.
- A Staff Auditor is responsible for performing the detailed work of a financial audit. This work is done under the supervision of a senior.
- A Tax staff prepares tax returns and counsels the clients under the supervision of a tax manager.
- As a Consulting Senior, CPAs work under a General Manager to perform consulting assignments.
- As a tax manager, a CPA performs tax planning and researches unusual tax matters.
- At a partner-level of the firm, a CPA can purchase equity and have a share in the profits of the firm. A CPA can be an audit partner, tax partner, or consulting partner.
- If a CPA becomes a senior partner, then he/ she can change the firms policies, plan several activities, and work on the everyday management of the firm.
2. Academia
A person after completing CPA can work as a teacher, professor, or school administrator. As CPA, one can work as a faculty member in various colleges, universities, etc. As accounting faculty, CPAs can give students deep insights into auditing, financial statements, taxation, accounting, professional ethics, etc. Academia is one of the best jobs after CPA. CPAs are experts in research that help students in getting a better insight into various accounting and financial topics.
3. Corporate Accounting
Amid various CPA job opportunities, one can also get into corporate accounting. Here are the positions one can work in.
- Tax accounting department A CPA working in this department is responsible for doing financial analysis. He/ she also makes special reports including financial data.
- Internal audit department A CPA supervises the testing of internal control and conducts document approval by performing special tests.
- Financial accounting and reporting In this, the CPA assists the controller and works in areas such as financial accounting, budget planning, internal financial reporting, etc.
- Management Accounting A CPA as a management accountant is responsible for modifying the management system. He/ she develops costing techniques, and various control measures, and undertakes special cost studies.
- Assistant Controller As an assistant controller, a person controls and assists accounting data. A person in this department prepares journal entries and analyses the accounts.
4. Government
CPA job opportunities in the Government sector are one of the secure and best roles to serve. A CPA can improve the efficiency of government departments. He/ she can work in departments like:
- Federal Government At the federal level, a CPA takes care of the department of treasury, revenue services, accounting office, etc.
- Local & State Government The CPA in this department is responsible for conducting financial and compliance audits. They keep a track record of the workers compensation system as well.
- Auditing CPA conducts performance auditing that determines if the management is fulfilling the promises made to taxpayers or not. The department intends to provide services to taxpayers, thereby meeting the goals and objectives.
- Financial Audits Financial audits include financial statements and reviews. The primary focus of this department is to verify the information given in financial statements.
- Compliance Audits These audits determine if the company is following the laws, loan agreements, and regulations or not. Compliance audits include compliance with specific laws and regulations with other regulatory or legal requirements.
5. Non-Profit Organizations
CPA job opportunities in a non-profit organization determine the benefits and services provided by them.
Here are the positions in non-profit jobs after CPA. Have a look!
- Financial Accounting & Reporting A CPA here works under the seniors and provides details regarding payroll, property, ledger, financial statements, etc.
- Internal Auditing A CPA works under the supervision of the senior and conducts audits for information systems and internal controls.
- Controller A controller is responsible for directing and controlling the work of accounting in various departments. As a member of the team, he/ she is responsible for operating plans, interpreting results, developing forecasts, etc.
So, these are the CPA job opportunities not only in the US but in India as well. See, as a CPA, one can work globally in any part of the world, be it India, Canada, the US, etc.
