Additionally, all AICPA members are required to follow a rigorous Code of Professional Conduct which requires that they act with integrity, objectivity, due care, competence, fully disclose any conflicts of interest (and obtain client consent if a conflict exists), maintain client confidentiality, disclose to the …

Should I let my CPA go inactive?

If your license is inactive, you can’t practice as a CPA or advertise yourself as such. However, if you wish to resume work as a CPA, you can do so more easily than you could if you had to earn your license all over again. You won’t need to take the CPA Exam again, though you will need to catch up on your CPE.

Can you become a CPA while working for a corporation?

This allows persons to obtain the CPA designation while working for a corporation’s finance function. The majority of states require an applicant’s work experience to be verified by someone who is already licensed as a CPA. This requirement can cause difficulties for applicants based outside the United States.

Can a non-CPA do an attestation on a financial statement?

In most U.S. states, only CPAs are legally able to provide attestation (including auditing) opinions on financial statements. Many CPAs are members of the American Institute of Certified Public Accountants and their state CPA society. State laws vary widely regarding whether a non-CPA is even allowed to use the title “accountant.”

Do you have to be a CPA to prepare a tax return?

You do not need to be a CPA to prepare tax returns; however, if you are a CPA you must have a current license to practice. The returns should be issued through a registered firm, or if a return is issued through an unregistered entity, the CPA should comply with Board Rule 501.83 requiring the disclaimer “This firm is not a CPA firm.”

Is it possible for a CPA to work in multiple states?

The answer was simpler in the days when many CPAs mostly just served local clients. Today, technological advances and the ease of travel allow accountants to work at firms operating in multiple states, accept new jobs across the country, and serve clients virtually anywhere.