Iowa is one of a small number of states that has a designation called Licensed Public Accountant.
What is an LPA? It stands for licensed public accountant and is a rare designation that is currently only issued in 3 states: Iowa, Delaware and Minnesota.
In financial accounting, an audit refers to a CPA firm reviewing a company’s financials and internal controls, and reviewing documentation to verify the amounts shown on the financials.
If Enrolled Agents are Liechtenstein, LPAs are Luxembourg