The benefits of a certified public accountant

To get started, let’s define exactly what a CPA is. A Certified Public Accountant, CPA, is an accountant who has passed certain examinations and requires that all other licensing requirements of a state in the United States be certified by that state. Each state has slightly different statutes and requirements. A CPA is qualified to perform accounting and auditing tasks, and tax returns for individuals and corporations.

So why is hiring a Certified Public Accountant important to you? The biggest benefit of having a CPA working for you is that you can conduct audits and help clients have full access to tax work. That means you have someone who has a professional handling of your taxes and can help you move from audits to tax work. Many companies have shareholders that require audits at random times and having a contracted CPA allows you to get these audits and have shareholders on hand. With a CPA as an auditor as well, you will keep clean and transparent financial records for the company.

When you hire a CPA, you are hiring a professional who has devoted hours of their time to their accounting career to become a CPA. There are a variety of methods to become a CPA, either through four years of college or going through the workforce and taking the required additional education. Each CPA must also pass a rigorous testing process on taxes, signatures, and other financial dealings. Most CPAs spend hundreds of hours studying for these exams. Each state has different requirements to become a registered CPA and just because you are a CPA licensed in one state does not mean that they can practice in all states, they will not be recognized by the state until they have met the requirements of that state. As you search for the right accountant for your business, you will find many trusted, qualified and certified public accountants who can help your business grow and succeed.