California Board Of Accountancy (CBA)

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Executive Summary
Everyone knows what accountants do, but what they don’t know is how important the profession is. Accounting is the recording of financial transactions which accountants’ store, sort analyze, summarize, and present the information in reports. It is a need that every business has to have because businesses are held accountable for the methods they use because of the greed or theft that goes on. Accountants can determine if there are problems in a company or a business and increase profits just by studying these transactions that go through. As long as accountants are trustworthy and honest, they can help solve a lot of financial problems in a business or a company. In this paper, information from …show more content…

They are responsible for qualifying people for the CPA exam and to ensure all CPA’s follow the CBA’s laws and regulations. Through their website, accounting students and professionals can look up all the education requirements and information about the Certified Public Accounting license (CPA) and renewing the license. Applying for licensure varies from state to state. For example, in California, to earn the CPA license, people need to show their knowledge and competency by passing the Uniform CPA exam, meeting education requirements, and completing a certain amount of hours working in the accounting field. On the education requirements, …show more content…

There are reasons that ethics is always the most discussed topic. For instance, it can be because of society putting pressure on companies and businesses to be more responsible when conducting their business. It is very important for accounting professionals to make good decisions because many people rely on accountants to report financial information about companies and businesses. Accountants, like any other person working in business, are faced with many ethical decisions that can be difficult to solve. All of the important websites like the AICPA publish ethics resources that accountants and accounting students can look up and learn about what we can or can’t do and the disciplinary actions that take effect whenever professionals are in violation. Add an example. Accountants who join associations also has their own set of ethics that their members need to follow in order to maintain their membership (appendix 1). Accountants working in offices have a set of ethical conduct rules that every person has to follow. Accounting students need to take an ethics course during their course of study and for the CPA license. Even though students take the ethics course, that still doesn’t prevent accounting professionals from continuing unethical practices. For example, the most famous case was Enron, where they made the biggest accounting scandal in history by using very creative ways to report false

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