A CPA, or Certified Public Accountant, is someone who has gone through important licensing procedures that are different from regular accountant procedures. While both CPAs and regular accountants do similar work, the CPA credential is considered to represent a higher level of standards and ethics. Both accountants and CPAs are able to help you with your business, but sometimes a CPA may be a better fit for your needs.

CPAs are generally a part of a wide network of CPAs, like the United CPA Association (UCPAA). They go through rigorous uniform CPA examinations that test their knowledge on regulations, financial accounting and reporting, business environment, and auditing. Accountants typically just report on business and financial transactions, which could be done with or without an accountant degree. The CPA goes several steps further in what they do and achieve in their line of work.

While accountants can prepare a financial statement for your business, only a CPA is able to prepare an audited financial statement as well as a reviewed financial statement. Your business may or may not need specially prepared statements by CPAs, but the most important thing to consider is whether or not you need someone with much more experience and training to help you with your financial records. Consider consulting a CPA to see if they would be a good match for your business.

This entry was posted on Friday, January 3rd, 2020 at 7:21 pm and is filed under Accounting, CPA. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.