Accredited Business Accountant/Advisor (ABA)

The ABA designation is similar to the CPA, but is essentially a more financially based credential for accountants or finance professionals. Those that earn it specialize in financial accounting, financial reporting, financial statement preparation, taxation, managerial accounting, business law, ethics and more. To earn this credit, you’ll need to pass the Comprehensive Examination for Accreditation in Accountancy. It’s offered twice each year at proctor sites around the country.

The Accredited Business Accountant (ABA) credential has been developed to recognize accountants who have demonstrated knowledge and skill to provide competent financial accounting, financial reporting, financial statement preparation, taxation, managerial accounting, business law, and ethics for small to medium sized businesses in the United States. The ABA credential is a prestigious indicator to clients, potential clients, employers, and the public at large that the business accountant has proficiency in the accounting and taxation field.

State Recognition

In IA and MN achieving the ABA designation meets state regulatory requirements to practice public accountancy. MN requires a 75% passing score on both Practices of the exam. The use of the term “accountant” for non CPAs varies by state.

More about Minnesota RAP Program

The use of the term “accountant” for non CPAs varies by state. In states where the term “accountant” cannot be used in any form or in states that allow the use the term “accountant” as a stand alone word but with a disclaimer—AL, AK, AR, CA, HI, IN, KY, LA, ND, NV, NY, OH, OK, PA, RI, SC, SD, TN and TX, accredited individuals use Accredited Business Advisor®. The process for attaining the credential and rules for use are the same.

Check with your state board of accountancy for your state accountancy compliance rules.