EA vs. CPA?
Question:
Based on my limited knowledge, I feel like I should go for CPA and not even bother with EA because I don't see many people with EA. Many successful accountants I know usually have CPA license, and hardly anyone has EA.
1. How much is EA license valued in the accounting/tax field?
2. How does it compare to CPA license?
3. Should I go for both or just CPA?
Thanks in advance for any insights.
Enrolled agent is a federally authorized tax preparer. The CPA designation is broader in scope (includes GAAP, auditing and some law). If you are interested in pursuing a career with a Big 4 firm, you NEED to get your CPA if you want to be promoted. Go for your CPA first. Work for an accounting firm before you work for a government agency - better money and better experience. Look at other firms besides the Big 4. While a smaller firm might not have the prestige of the big guys, a smaller firm can allow you to get better experience and professional development
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