Certified Public Accountants (CPAs) are a special category of accountants. Officially, CPA is the title of a person in the US who passes the CPA Examination and meets the additional state experience and education requirements to get certified. The exam is quite stringent and needs over 150 hours of specialized education.
With that being said, what does it mean for a business owner to have a CPA in Kissimmee? And most of all, why go for a CPA when you can hire an accountant instead?
Most people typically use the terms accountant and CPA interchangeably. However, there is a huge difference here. The designation of a CPA carries significant weight inside the financial sector and the accounting profession.
Services Provided By a CPA in Kissimmee
As far as public accounting is concerned, the accounting services offered to a company on a contractual basis are provided by a CPA in Kissimmee, in which the professional gives assurances and attests that financial decisions and statements are accurate, reasonable, and adhere to usually accepted principles of accounting.
A CPA in Kissimmee is also capable of working as a consultant, where he or she can advise organizations on doing successful business practices. The CPA can also make recommendations on financial decisions. Generally, as consultants, CPAs don’t work as auditors in businesses while working as consultants.
As part of the certification, a CPA in Kissimmee must complete 40 hours of continuing professional education (CPE) every year to keep up with the new rules and regulations in the financial, accounting, and business world. This is proof of the high level of expectations of the accounting profession for a Certified Public Accountant.
Usually, a CPA in Kissimmee belongs to a state association having the goal of staying aware of all updates in the accounting field while taking educational classes on a continual basis. It is natural for tax laws to keep changing, which is why any good CPA in Kissimmee will stay abreast of these changes. Being members of the local association, CPAs have all the access to the latest regulations in the field of accounting.
Financial advice and business management are the primary jobs of a good CPA in Kissimmee, which is why it is very desirable for you to have one.
Generally, you can be assured that any individual who is a certified CPA in Kissimmee and maintains his/her certification is capable of performing better than an accountant. CPAs tend to have a higher amount of credibility, which is why it is best to go for one.
What’s more, these days, CPAs are capable of doing a lot more than auditing. They can provide overall financial planning as well for all types of businesses. Plus, they also offer strategic planning, estate planning, investment ideas, etc. So if you wish to keep your business running at a higher level, you should definitely hire a CPA for your company.
If you need more information about our Kissimmee, FL accounting and tax services, please contact us at 407-502-2400. Freedomtax Accounting’s staff has been providing honest accounting services and tax services for almost 20 years. Our tax accountants and IRS enrolled agents (irs ea) specialize in corporate accounting and bookkeeping, tax services, tax preparation, back taxes help, tax debt relief, tax resolution, tax planning, itin number, incorporations, and non profit 501c3 tax exempt. (Freedomtax’s accounting and tax professionals are NOT CPA’s. CPA services provided by third party provider.)