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. plural. entities. 1a : being, existence; especially : independent, separate, or self-contained existenceb : the existence of a thing as contrasted with its attributes. 2 : something that has separate and distinct existence and objective or conceptual reality.