THE PUBLIC

ACCOUNTING PROFESSION

A. WHAT IS A PROFESSION?

SPECIALIZED SKILL OR BODY OF KNOWLEDGE PUBLIC GOOD ENTRANCE REQUIREMENTS CONFIDENTIALITY SELF-REGULATION

B. THE STATE BOARDS OF ACCOUNTANCY NO NATIONAL REGULATION REGULATION BY STATE NASBA-AICPA EFFORT

C. THE VIRGINIA BOARD OF ACCOUNTANCY PART OF DEPARTMENT OF

COMMERCE ALONG WITH BARBERS AND

HAIRDRESSERS

C. THE VIRGINIA STATE BOARD OF ACCOUNTANCY 3600 WEST BROAD STREET RICHMOND, VIRGINIA 23230-4917 Phone 804-367-8590 FAX 804-367-2474 Web site

http//www.state.va.us/dpor/boards.htm#Accountancy

C. VIRGINIA STATE BOARD OF ACCOUNTANCY

ESTABLISHES ENTRANCE REQUIREMENTS

ESTABLISHES RULES ENFORCES RULES

ENTRANCE REQUIREMENTS

EDUCATION CPA EXAM EXPERIENCE ETHICS EXAM

THE CPA EXAM

FOUR PARTS ACCOUNTING TAXATION AND REPORTING AUDITING BUSINESS LAW AND

PROFESSIONAL ETHICS

THE CPA EXAM

PASSING - 75% TAKE ALL FOUR PARTS PASS TWO AND 50% IN OTHER PARTS

ENFORCES RULES

COMPLAINT PRELIMINARY HEARING HEARING VERDICT PUNISHMENTS

D. THE AICPA AND STATE SOCIETIES

E. THE AICPA

REPRESENTS PROFESSION - NATIONALLY

STANDARDS EDUCATION NETWORKING

THE AICPAP.O. Box 2206

Jersey City, New Jersey 07303-2206

Phone 1-800-862-4272

Web site http://www.aicpa.org

F. VIRGINIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS REPRESENTS PROFESSION - STATE STANDARDS EDUCATION NETWORKING

VSCPA

P.O. Box 4620

Glen Allen, Virginia 23058-4620

Phone 1-800-733-8272

FAX 804-272-1741

Web site www.vscpa.com

G. PUBLIC ACCOUNTING FIRMS

LARGE - INTERNATIONAL LARGE - NATIONAL REGIONAL LOCAL

CPA FIRMS - FORM OF BUSINESS

PARTNERSHIPS PROFESSIONAL CORPORATIONS LLP’S

H. A PUBLIC ACCOUNTING FIRM

PARTNERS MANAGERS IN-CHARGES STAFF

OTHER ISSUES

DIVERSITY TURNOVER PRESSURE