CPA Questions
The minimum required college credit hours to become a CPA in most U.S. states?
What is 150 college credit hours
What financial statement shows a company's financial position at a specific time?
What is the balance sheet
This actor, who starred in Deadpool, was our most recent Leaders In Action speaker as part of the My+ initiative.
Who is Ryan Reynolds
This U.S. agency oversees financial markets and ensures fairness.
What is the Securities and Exchange Commission (SEC)
I examine financial statements for accuracy and obtain reasonable assurance they are free from material misstatement.
Who is an auditor
In the context of the CPA exam, what do the initials "FAR" stand for?
What is Financial Accounting and Reporting
Which accounting method records revenue when earned, not when cash is received?
What is accrual accounting
PwC’s career readiness and leadership development experience, designed for college sophomores/rising juniors.
What is the Start experience
What organization sets ethical standards for U.S. accountants?
What is the American Institute of Certified Public Accountants (AICPA)
I investigate financial discrepancies and fraud, working closely with law enforcement and attorneys.
Who is a forensic accountant
How often must CPAs fulfill the continuing professional education (CPE) requirement to maintain their license?
What is every 3 years
What's the process of allocating the cost of an intangible asset over its useful life?
What is amortization
This internship experience develops digital skills and business acumen through experiential training and client experiences.
What is the Advance Internship.
What global organization issues International Financial Reporting Standards (IFRS)?
What is the International Accounting Standards Board (IASB)?
Some of my responsibilities are budgeting and managing public funds.
Whos is a government or not for profit accountant
The minimum number of CPE (Continuing Professional Education) hours a CPA must complete in a reporting period?
What is 120 hours
The federal law enacted in 2002 to enhance corporate transparency is known as what?
What is the Sarbanes-Oxley Act (SOX)
This career discovery program helps identify participants' purpose and potential career opportunities while learning alongside PwC professionals.
What is Explore
FASB interprets and develops what standards in the U.S.?
What is Generally Accepted Accounting Principles (GAAP)
I improve margins by analyzing expenses tied to a company's supply chain, including the cost of labor, materials, shipping, production and administration.
Who is a cost accountant
In January 2024, the CPA Exam will change due to this initiative - a joint effort of the AICPA and NASBA.
What is the CPA Evolution Initiative
This emerging technology is having a significant impact on accounting, allowing for automated data entry and transaction processing?
What is Artificial Intelligence (AI) and/or Machine Learning
This attribute of the PwC Professional Framework revolves around leading yourself and others.
What is Whole Leadership
What does "FASB" stand for?
What is the Financial Accounting Standards Board
I report to internal stakeholders so they can make strategic business decisions.
Who is a managerial/management accountant