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As a small business owner you are often told that in-order for your business to be successful it’s best to engage the services of a CPA.
You might be wondering who is a CPA and what does a CPA do and why you are being told to engage one in your business.
A CPA or a Certified Public Accountant is an accounting professional who has met the state requirements to earn the CPA designation in a chosen state through education, experience and sitting and passing the CPA Examination administered by The American Institute of Certified Public Accountants (AICPA).
Having a CPA engaged in your business is engaging a professional accountant that has met the profession’s highest standard of achievement.
CPA’s are sought out for their industry knowledge, reliability and at times their independence to provide assurance services to the general public.
It should be noted that all Certified Public Accountants are accountants but not all accountants are CPAs.
Accountants are persons who keep and interprets financial records, while a CPA does the same they are not limited to one industry or job function. In-addition, a CPA can provide a higher level of services than an accountant.
User | 13/12/2021