¶ … training is sometimes necessary in order to provide the company a skilled enough worker to handle even the toughest work. However, sometimes, one does not have to seek the highlight training available to perform well on their job tasks. Sometimes training and education can be more of a hindrance than an aid. Public accounting firm personnel often have a difficult time with the various job responsibilities that have. Some believe additional training and education may help. Some believe it is a waste of time and resources to seek anything higher than CPA certification. Should public accounting firm personnel responsible for auditing information systems be required to have additional certification beyond the CPA? The answer is no.
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Why say no? It is first important to look at the reasoning behind the answer. One can do this by examining what CPA is and what it stands for. CPA is an acronym for Certified Public Accountant. (Gleim and Irwin 12) Just like other skilled positions, a person must pass a nationally recognized exam called the Uniform Certified Public Account Examination as well as met additional experience and state requirements to be recognized as a CPA. Even if a person has fulfilled the educational requirements of the title of CPA, but has no experience, they are considered CPA inactive. (Miller and Nouri)
Since there are, several things required of an active CPA, this shows there is no need for additional training. Furthermore, the requirements needed to meet the title of CPA are stringent. Those attempting to use the title of CPA and are not certified as a CPA in that state are not recognized as a CPA even if they have out-of-state CPA certification. When there are such restrictions placed on becoming, a CPA...
CPA Advice for Homer Simpson Homer Simpson FROM: CPA & Associates Economic Substance and Moe's Business Plan Mr. Simpson: I appreciate your contact regarding economic substance and my recommendations as to if you should enter Moe's business plan. With such a large amount of cash taxed on your latest success, it is only obvious that you would want to protect and profit off of what remains. However, one must do so in good ethical standing.
The article also focuses on the differences in decision making of senior accountants based on the type of education they received vs. The amount of practical experience they had. The article focuses on these issues as it pertained to the value of accounting education and experience in the stock market. Overall this resource is well written and seeks to provide a point-of-view from the epicenter of the finance world
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