Earning a certification in finance and accounting will enhance your career and marketability with employers. Each accounting designation has a slightly different career focus. Depending on where you want to drive your career, some accounting certifications may be more appropriate than others. Likewise, it may be beneficial to have more than one of these accounting certificates attached to your name.
Certified Public Accountant (CPA)
The most popular of all accounting certificates is the Certified Public Accountant. Being a CPA allows individuals to provide a variety of accounting services to the public. It is awarded on a state-by-state basis and is the achievement that demonstrates the highest level of accountant competence.
Certified Financial Analyst (CFA)
This area of study requires three years of education. It includes 300 hours per exam level. Ultimately, the program requires an additional four years of experience before obtaining the certificate. Professionals compare this level of study to an MBA in Finance. This program has strict requirements and is usually considered one of the most difficult programs (many professionals think it is tied with the complexity of obtaining a CPA).
Certified Management Accountant (CMA)
This program is a certification in financial accounting and strategic planning. What is most interesting about this certification is that it is globally recognized and allows a special focus on corporate finance and account management.
Certified Internal Auditor (CIA)
This particular area of accounting focuses more on the finer details. With this certification, accountants can perform internal audits and ensure that all transactions are completely lawfully.
Certified Fraud Examiner (CFE)
An individual with a CFE can focus their professional efforts on evaluating reported fraud alerts within a company. This individual ensures that transactions are completely lawfully and ethically.
In-Demand Accounting CertificatesOverview
Accounting offers a variety of certifications for professionals. Some people choose to get certifications in order to help them find particular jobs. If you are interested in obtaining an accounting certification, you should consider your long-term goals and how that certification will help you in your career.
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