Is a CPA designation really required in private/corporate accounting?

I know the CPA license is essential for an accountant to move up the ladder in public accounting firms. But I also noticed that a lot of companies' job postings for "senior accountant" and "accounting manager" positions say that a CPA is required, or is desired. Is it because you need to be a CPA to have a management accounting position in private accounting? Or are these companies simply looking for well-qualified candidates for the position?

Asked By: charlesC - 3/10/2010
Best Answer - Chosen by Asker
It is not really required but it is a sign of attaining a certain skill level. It would be similar to having a college degree. Somehow people that hire accountants are impressed with people that have passed the CPA test and served their public accounting apprenticeship.
Answered By: Steve - 3/11/2010
Additional Answers (1)
Both. They want individuals who have taken the extra step beyond just a bachelors degree. Also, in order to get into management in most major companies, they DO require either a CPA license or an MBA. I work for a Fortune 50 company and they require either one just for a Senior Accountant/Analyst position, which is... More
Answered By: Ryan M - 3/11/2010
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