What is the difference between a CPA and a CFA?

What is the difference between a CPA and a CFA?

CPAs have met licensing requirements for the state in which they practice accounting. State licensing requirements vary but typically include 150 hours of education (30 hours beyond the typical 120-hour bachelor’s degree in accounting). Licensing requirements also always include some documented experience and achieving a passing score on the Uniform CPA Examination.

The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the American-based CFA Institute to investment and financial professionals. The program covers a broad range of topics relating to investment management, financial analysis, stocks, bonds and derivatives, and provides a generalist knowledge of other areas of finance. To become a CFA, candidates must have four years of qualified work experience and complete the CFA Program which includes passing three six-hour exams.

CPA Career

Get instant access to step-by-step instructions on how to apply and sit for the CPA Exam.