Who are the only licensed accounting professionals in the United States?
A)Certified Public Accountants (CPA)
B)Chartered Accounts (CA)
C)Financial Accountants (FA)
D)Chief financial and operating officer (CFOO)

Question

Quizplus · Accepted Answer

CPAs are the only licensed accounting professionals in the United States. They must pass a rigorous exam and meet specific education and experience requirements to obtain their license. Other accounting designations such as Chartered Accounts (CA) and Financial Accountants (FA) may exist in other countries but are not recognized as licensed professionals in the US. Similarly, Chief Financial and Operating Officer (CFOO) is not an accounting designation but rather a corporate executive position.

Who Are the Only Licensed Accounting Professionals in the United