Which of the following is not a formal requirement to become a licensed certified public accountant (CPA)?
Posted: Sat Aug 07, 2021 7:03 am
A) A college education.
B) Professional experience.
C) Membership in the American Institute of Certified Public Accountants (AICPA).
D) A professional examination.
Answer: C
Explanation: The American Institute of Certified Public Accountants requires all of its members
to adhere to a professional code of ethics and professional auditing standards. A CPA may be a
member but membership is not required in order to become a CPA. To become a licensed CPA,
one needs a college degree, successful completion of the CPA exam, and professional
experience, as regulated by each licensing jurisdiction.
B) Professional experience.
C) Membership in the American Institute of Certified Public Accountants (AICPA).
D) A professional examination.
Answer: C
Explanation: The American Institute of Certified Public Accountants requires all of its members
to adhere to a professional code of ethics and professional auditing standards. A CPA may be a
member but membership is not required in order to become a CPA. To become a licensed CPA,
one needs a college degree, successful completion of the CPA exam, and professional
experience, as regulated by each licensing jurisdiction.