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Professional Reflection Paper : Professional

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Professional Credential Reflection Paper As an accounting professional, having some professional credentials will give one a competitive advantage over others who do not. Some widely recognized credentials, such as Certified Public Accountant (CPA), have much value in career advancement and job security for many accounting professionals. Although professional credentials usually imply higher salary and better career development, it is not that easy to earn one. Most of the certificates require candidates to have certain education level, pass standardized tests, and have years of professional experience. As an example, I will start by describing the CPA exam requirements in Virginia. The American Institute of Certified Public Accountants (AICPA) designs the CPA exams, however, the Virginia Board of Accountancy (VBOA) is the licensing body. Different states have different requirements for eligibility to sit for the exams and to obtain a CPA license. In order to be eligible to sit for the CPA exams in Virginia, applicants must first have a U.S. social security number or a control number issued by the Virginia Department of Motor Vehicles. Secondly, applicants must have at least a bachelor degree, which contains at least 120 semester hours of education and accounting concentration or equivalent. Accounting concentration or equivalent means having at least 24 semester hours of accounting courses (including auditing, financial accounting, management accounting and taxation), and

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