Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Glossary Β» SOC 2 Β» CPA

CPA

Certified Public Accountant (CPA) is a professional designation given to accountants in the United States who have passed a certification exam and met certain education and experience requirements. It is a globally recognized test for which aspirants must take the Uniform CPA Examination.

A CPA is licensed by the state in which they practice to perform a range of accounting services, including auditing, tax preparation, and consulting. CPAs are held to high ethical standards and must complete continuing education to maintain their license. Many businesses and organizations hire CPAs to handle their financial affairs and provide guidance on financial matters.

For example, if a firm is not a certified CPA firm, then you cannot complete a SOC 1 or SOC 2 audit that will be acceptable by AICPA.

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