college guide 2016-17 Sept. 2016 | Page 33

C PA C A R E E R S What is a CPA? A CPA is a certified public accountant, but just what does that mean? Read about the various places where CPAs work and you’ll discover the many opportunities the accounting profession and CPA designation offers you! Tax & Financial Planning Education CPAs help businesses and individuals by recommending savings, investment, and tax options. These CPAs also help with international business laws and transactions. CPAs prepare the next generation of accountants at the high school and college levels. They use their knowledge of the accounting profession to teach basic accounting, auditing, and taxation. Business & Industry CPAs working inside companies manage financial records, develop business strategies and secure financing for major projects. CPAs are a critical part of a company’s management team, often overseeing the finances of the entire company and its profits. Forensic Accounting CPAs in forensic accounting track down fraud, white-collar business crime, and insider trading. Through their information-gathering and accounting background, CPAs assist in determining an individual’s guilt or innocence. Information Technology & Consulting CPAs help many businesses design and implement their computer systems, software applications, and network security. They may also give advice on issues affecting employees, such as retirement plans, or issues that affect the company, such as purchasing a new building or property. Government CPAs manage governmental finance, examine individual and corporate tax returns, investigate fraud, and evaluate the use of tax dollars for government programs. CPAs in government can work for the Internal Revenue Service (IRS), the FBI, or any number of public agencies. Public Accounting CPAs in public accounting review the financial records of companies for accuracy and accountability. Companies that are publicly traded on the stock market must have their records approved and certified by a CPA every year. For further information contact: Barbara M. Iannoni Academic and Career Development Manager [email protected] Erica J. DeBiase Academic and Career Development Specialist [email protected] M a s s a c h u s e t t s S o c i e t y o f C e r t i f i e d P u b l i c A c c o u n t a n t s • C PA t r a c k . c o m content_collegeguide_0912.indd 31 31 9/12/16 4:56 PM