Posted: 01 Nov 2008 at 09:24 | IP Logged
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I found the information below on Maine’s Board of Accountancy Website. Based on the information, I cannot discern the difference between CPA and PA. I do know that not all states have the “PA” designation. This would concern me about reciprocity and transferability if there is any chance you will ever want to relocate.
I do not think simply passing the exam and then not getting certified (licensed) would do much for you. I would not take the exam unless I intended to attain CPA status. Pursuing certification does not mean simply seeking to pass the exam. It means seeking to become fully licensed .
Perhaps someone else can clear up the difference between PA and CPA in Maine and/or elsewhere. I saw this dichotomy in at least one other state. If you currently live in Maine, I expect anyone practicing as a CPA or PA could explain the difference. Or, simply make a direct inquiry with Maine’s Board.
The requirements for CPA do not appear to be significantly more than PA. CPA is the universally recognized credential with which I am familiar.
Certified Public Accountant:
http://www.maine.gov/pfr/professionallicensing/professions/a ccountants/cpa.htm
Public Accountant:
http://www.maine.gov/pfr/professionallicensing/professions/a ccountants/public.htm
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