Questions about CPA practice versus non practice

1.The key is whether you plan to work in a firm or not.

2.The certificate is valid for 5 years. Must join the association within 5 years.

3.Once you join the club, you have to fulfill your obligations.

4.Practising certificates and non-practising certificates are interchangeable.

5.Now accounting firms are highly competitive, and the treatment is not as good as before. Among them, the four major ones have the best treatment, which is average in China.

There are two kinds of CPA certificates, practicing and non-practicing, and people who do not specialize in related work in accounting firms cannot apply for practicing membership. There will be an application once a year, and those who do not work in the firm can only become non-practicing members.

Note: The treatment should be good, but there will be a lot of differences in different cities, and it is not the same in the office and in the enterprise.

Non-practising CPAs are useful. Due to the introduction of the national policy of mutual recognition and exemption, multi-regional note and professional title certificates. It is equivalent to reducing the pressure of preparing for multiple certificates and broadening the employment path of non-practitioners.

The employment direction of non-practicing certified public accountants is very wide, and the demand for certified public accountants is very large in top 500 enterprises, first-class government economic posts, consulting and investment companies, state-owned and commercial banks, investment banks, etc.

Non-practising CPA development path: The employment scope is very wide, such as university teachers, corporate finance, civil servants, banks, etc. The development pathways of non-practice associations are generally as follows:

Cashier – Accountant – Treasurer – Financial Manager – Controller – CFO. CPA Registration System**.

There is no direct use for non-practising members, but:

1. Holding a CPA non-practising membership certificate indicates that you have the knowledge level of a CPA, which adds a weight when applying for and promotion. Many companies value the comprehensive ability and hard-working spirit of the company.

2. If you enter an accounting firm and have 2 years of full-time audit work experience, you can apply for registration and change to practice.

Practice and non-practice can be transferred to each other, and those who meet the practice conditions can be transferred, which is of course much more flexible than those who are not qualified.

The so-called non-practicing members are not practicing in the firm, and do not have the right to sign the audit report, such as university teachers, corporate financial personnel, civil servants, etc., who do not intend to work in the firm after passing the examination to apply for non-practicing members.

Those who practice in an accounting firm and have two years of audit work experience can apply to the local association as a practicing member by the firm, and after applying, they will obtain a certified public accountant certificate with the right to sign.

Where practice and non-practice can be changed, the practicing member can apply for conversion to non-practice if he or she is no longer working in the firm, and the non-practicing member may also apply to change to practice if he or she meets the requirements.

The main difference between the two is the right to sign, and of course, the higher membership fee for practice.

The main difference between the two is the presence or absence of the right to sign. After passing the CPA exam, you can choose two directions: one is to choose the direction of practicing CPA, and the other is to choose the direction of non-practicing CPA.

Non-practising CPAs:

After completing all the subjects of the CPA professional stage and the comprehensive stage, you can receive a general practice certificate, with which you can apply for registration as a non-practicing member (i.e. a non-practicing member of a certified public accountant). If a non-practicing member does not practice in the firm, does not have the right to sign the audit report, and does not plan to work in the firm after passing the examination, it is recommended to apply for a non-practicing member.

Certified Public Accountant (CPA):

"Practice note" means that after entering the accounting firm, you can register as a practice after you have a certain amount of work experience after the examination, and the practice has the right to sign, mainly engaged in auditing work.

Both practicing and non-practicing have very good prospects. After all, CPAs themselves have a very high reputation and recognition in the field of finance and accounting, and can engage in many high-level jobs in the field of finance and accounting.

The main difference between the two is the right to sign, and the membership fee for practicing is higher.

If you want to work in a firm and have the right to sign, then choose to practice. The development route is roughly audit assistant, auditor, senior auditor, project manager, partner.

If you don't want to work in a firm, choosing non-practice is also a very good choice. Take corporate finance as an example, the development of the main cover route is roughly financial specialist, financial supervisor, financial manager, financial director, CFO.

In addition, the two can be transformed, practice and non-practice can be transformed, the practicing member can apply to change to non-practice if he is not working in the firm, and the non-practicing eligible can also apply to change to practice.

Practising CPAs have the right to audit signing, while non-practising CPAs do not have the right to audit signing.

Those who have passed the CPA qualification examination and have been engaged in auditing business in China for more than 2 years can apply for registration as a practicing member through the accounting firm where the firm is located at the provincial level of certified public accountant where the firm is located. Certified public accountants (CPAs) refer to certified public accountants who work in accounting firms, and the reports issued by external parties need to be signed by certified public accountants, which is the right of certified public accountants to sign.

To put it simply, it is a certified public accountant who works in a firm and has the right to sign. A non-practising certified public accountant is a non-practising member who does not intend to work in the firm after passing the examination and does not have the right to sign the audit report, and whose CPA qualification remains valid after continuing education.

Practicing certified public accountants refer to the people who have passed the national unified examination for certified public accountants and obtained the certified public accountant certificate, and are the only group in China that has the right to sign audits. After obtaining the general qualification certificate, candidates need to work in an accounting firm for two years before they can submit application materials to the local accounting association.

Non-practicing certified public accountants refer to the people who have passed the national unified examination of certified public accountants and obtained the non-practicing membership certificate of certified public accountants, and do not have the right to audit and sign.

The difference between CPA practice and non-practice is the presence or absence of audit powers.

A certified public accountant is a practitioner who has obtained a certified public accountant certificate in accordance with the law and is entrusted to engage in auditing, accounting consulting, and accounting services.

That is, a certified public accountant with the right to sign, a non-practicing certified public accountant refers to a non-practicing member registered with the Notes Association, and after continuing education, its certified public accountant qualification remains valid, and if it meets certain conditions, it can be converted into a formal certified public accountant without retaking the qualification examination.

Non-practicing certified public accountants are not allowed to handle the statutory business of certified public accountants in the name of certified public accountants.

Those who have passed the CPA qualification examination and have been engaged in auditing business in China for more than 2 years can submit materials to the provincial CPA association where the firm is located through their accounting firm.

Applicants who have passed all the courses of the CPA examination can apply for membership of the Chinese Institute of Certified Public Accountants in two categories: practicing and non-practicing.

Differences: 1. Certified public accountants refer to those who have worked in an accounting firm or asset appraisal company for more than two years and have obtained a certificate of passing the general examination.

2. Non-brothers, including certified public accountants, refer to those accountants who have not worked in an accounting firm or asset appraisal company for more than two years, but have obtained a certificate of passing the general examination.

3. Under normal circumstances, a practicing certified public accountant has the right to issue an audit report to the company's silver dust bucket. However, non-practising CPAs do not have the right to issue an audit opinion.

4. The condition for changing from non-practice to practicing CPA is to work in a relevant accounting firm or asset appraisal company for two years before becoming a practicing CPA.