Why Should You Hire a CPA? Nov03

Why Should You Hire a CPA?...

Are you a business or an individual with no time to keep track of your business activities? Do you need help with keeping your daily financial records organized? Then you may need the professional services of an accountant who will maintain your daily records for you. Accountants can help you prepare your financial statements in a professional manner. They will look through all your receipts and account statements and all the transactions that have been made by your business on a daily basis to help you maintain a record. However if your accountant is a CPA he is likely to have greater experience and even expertise than a practicing accountant who doesn’t have a license. Some things to know about CPAs: * The Certified Public Accountant is a certification that is recognized by the federal government. An accountant can handle public accounts only If he has a CPA certification. Some states have special license requirements for accountants to be legal practitioners. However not all states have these requirements. There are a large number of non-certified accountants who provide accountancy services to private businesses. These accountants may be as skilled as the CPAs, but qualification does play an important role in your decision to choose someone to go through your finances for you. * The majority of CPAs are trained and experienced professionals. To become a CPA one has to meet certain criteria required by the American Institute of Certified Public Accountants (AICPA). Professionals need to qualify an exam and also have a certain amount of work experience before they can start their own business. That is why it is likely that a CPA will have more experience and skill than an uncertified professional. * A number of people hire the services of an accountant...