Requirements for becoming a Certified Public Accountant (2 Pages)

[ AC302: Intermediate Accounting III ]

Assignment 2: Professional Development Activity

Attaining a certification as an accountant can further your career a great deal. You have

probably done some research on the requirements for becoming a Certified Public

Accountant. However, there are several other certifications available in the accounting

profession as well.

Some of the other certifications that are available to those in the accounting profession are

as follows:

● Certified Management Accountant (CMA)

● Certified Internal Auditor (CIA)

● Certified Forensic Accountant (Cr. FA)

All of these designations specialize in areas of accounting and are increasing in numbers and

employment opportunities. Exploring the requirements will help you realize that accounting

is a very diverse, dynamic and growing career choice.

Visit the following websites:

Certified Management Accountant: www.imanet.org

Certified Internal Auditor: www.theiia.org

Certified Forensic Accountant: www.acfei.com/forensic_certifications/crfa

Prepare a summary of your findings and make sure to address all of the questions listed

below. You may use your textbook and outside sources to complete this Assignment. The

paper should be a minimum of 2-pages long, double-spaced. All sources should be

referenced as sources cited. Check for correct spelling, grammar, punctuation, mechanics,

and usage. Citations should use APA style.

Make sure your document includes:

• Your Name

• Date

• Course Name and Section Number

• Unit Number

• Assignment Name

• Page Numbers

Questions:

1. What are the requirements for each of the designations listed? Please be detailed in

your response and summarize the requirements in your own words.

2. What advantages do you see for each of the designations listed?

3. What disadvantages do you see for each of the designations listed?

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4. What career opportunities are available for each of the designations listed? Please

provide specific job opportunities in each field. The following websites will assist you

in your search: http://www.monster.com/, http://www.careerbuilder.com/

5. What service(s) does each designation provide to its clients? (The clients can be

internal, external, or both).

6. What skill set is needed for each designation and how will these skills help you

achieve success in these fields? Please be specific and relate the skills to each

designation.

Review the grading rubric below before beginning this Assignment.

Directions for Submitting your Assignment

Compose your Assignment in a Microsoft Word document and save it as Username AC302

Unit 4 Assignment2 (Example: JSmith – AC302 Unit 4 Assignment2.doc. Submit your file by

selecting the Unit 4: Assignment 2 Dropbox by the end of Unit 4.

References

Institute of Management Accountants, Inc. (2017). Retrieved from

https://www.imanet.org/?ssopc=1

The Institute of Internal Auditors. (2017). Retrieved from

https://na.theiia.org/Pages/IIAHome.aspx

American College for Forensic Examiners Institute. (2017). Retrieved from

http://www.acfei.com/forensic_certifications/crfa

Monster worldwide. (2017). Retrieved from www.monster.com

CareerBuilder, LLC. (2017). Retrieved from www.careerbuilder.com

Assignment grading rubric =10 points

Assignment Requirements Points

possible

Points

earned

Provides a detailed summary of the requirements and services

provided to Internal and external clients for each designation in

their own words.

3

Shares advantages and disadvantages of each designation.

2

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Addresses the potential career opportunities and shares

specific jobs available in each field.

2

Identifies the skill set needed for each designation and the

assistance such skills provide to success in each field.

2

Writing is clear, easy to read and successfully communicates

the effectiveness / ineffectiveness and benefits/risks

associated with allowing companies to set up their own

accounting practices, policies, and standards.

1

Total (Sum of all points)

10

Points deducted for spelling, grammar and/or APA errors.

Plagiarism is totally unacceptable.

Adjusted total points

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