You must meet the following educational requirements set by Pennsylvaniaâs State Board of Accountancy in order to become a licensed CPA: 1  Possess a minimum of a bachelorâs degree and complete 150 semester hours of education, that incorporates 24 semester hours in accounting, to include:
Quick Answer. A legal entity name is a term that refers to a group of real people, called natural persons, that acts as one entity for legal matters. Examples of such legal matters include contracts or lawsuits. Legal entities include corporations, unions and political parties. Continue Reading
Definition of entity: A thing that exists in its own right. The law recognizes corporations and people as entities with rights and legal obligations. Definition of entity: A thing that exists in its own right. The law recognizes corporations and people as entities with rights and legal obligations. Use entity in a sentence. â The entity that is responsible for distributing funds in the debtors bankruptcy case is the bankruptcy trustee whom we can contact.