The use of the Certified Public Accountant title is regulated by
A) the federal government.
B) state law through the licensing departments of each state.
C) the American Institute of Certified Public Accountants through the licensing departments of the tax and auditing committees.
D) the Securities and Exchange Commission.

Question

Quizplus · Accepted Answer

The use of the Certified Public Accountant (CPA) title is regulated by state law through the licensing departments of each state. Each state has its own requirements for education, experience, and passing the Uniform CPA Exam in order to become licensed as a CPA in that state. The American Institute of Certified Public Accountants (AICPA) provides guidance and support to CPAs, but does not have direct authority over licensing. The federal government and Securities and Exchange Commission may have some oversight over specific accounting practices, but are not responsible for regulating the use of the CPA title.

The Use of the Certified Public Accountant Title Is Regulated