May 11, 2007, Newsletter Issue #27: CPA Firms & Licensing

Tip of the Week

A CPA firm is a company engaged in the public accounting field. The CPA firm must also have at least one licensed CPA in the title of the firm. This is regulated by individual State Boards of Accountancy.

Check with your local State Board of Accountancy for compliance issues regarding this legal requirement.
The largest CPA firms in the world are known as "The Big Four:"

Ernst & YoungPricewaterhouseCoopers
Deloitte & Touche This group mainly conducts audits of the Fortune 500 companies.

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