CPA vs EA: Which is better?

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Both the CPA and the EA are credentials that must uphold stringent ethical standards. But the CPA is regulated on the state level and the EA is regulated on the federal level.

To become a CPA, you must complete 150 undergraduate hours and pass the four-part CPA exam which is administered by the AICPA. The CPA exam consists of four parts: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation. Taxation is covered under Regulation. CPAs are licensed at the state level which limits their scope of practice to within those jurisdictions. However, CPAs can gain reciprocity in certain situations.

The process for EA candidates is much simpler. You must pass a three-part comprehensive examination (Individuals, Businesses and Representation, Practice, and Procedure) which covers all aspects of the tax code.

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Do EA’s have a hard time finding work or a job do to their limited scope of practice?

felixrodriguez