When looking for an accountant or tax professional, here are three reasons why you should choose a CPA.
When looking for a accountant or tax professional, here are three reasons why you should choose a CPA.
CPA’s are regulated by the professional association. They have to follow the associations by-laws, professional standards and code of conduct, most importantly they have to value ethical standards in the course of their work and when making decision. Whenever a member of the public suspects a CPA of breaching any of these regulations, they can file a complaint to the professional association against that individual or CPA firm.
Accounting standards and tax rules are always changing. Nothing informs us whether non-CPA’s are keeping up with the dynamics of accounting standards and tax laws. CPA’s are required to constantly develop their skills and improve their professional knowledge through required professional development training.
If you or your business will anticipate the need to share financial information with 3rd parties such as lenders, creditors, investors, or any other stakeholders, they will very likely ask for this information to be prepared by a CPA. So its better to prevent a switch over and begin working with a CPA from day one.