The Benefits of a Professional Accountant
Hiring an accountant for your business is an important step and one that shouldn’t be taken lightly. Some business owners incorrectly assume that they can handle their company’s accounting on their own, but this is a big mistake to make. Others assume that all accountants are equal and that it doesn’t matter who you choose to work with. This also isn’t true.
Professional accountants do much more than just add up numbers and, before you trust your business and your livelihood with just anyone, it’s important to understand exactly what a Chartered Professional Accountant (CPA) has to offer.
A professional CPA accounting firm provides high quality, accurate accounting and financial advisory services. In addition to handling bookkeeping and accounting, CPAs bring a lot of extra value to their clients.
Here are several reasons why your business should hire a professional CPA accounting firm.
Experience
To become a Chartered Professional Accountant, an individual must have an undergraduate degree in a relevant concentration and at least three years of experience in financial reporting, audit and assurance, strategy and governance, management accounting, or finance and taxation. They must also apply, be accepted into, and complete the CPA Professional Education Program. This is a graduate-level program that takes two years to complete on part-time basis while working in relevant employment.
All of this training means that CPAs have a wealth of experience in their fields and a proven track record of success.
Professionalism
CPAs are professionals who utilize their knowledge and skills to help businesses in a number of ways. A CPA can provide input on key business decisions, ensure corporate accountability, help manage risk, identify new market opportunities, and much more. Accuracy and reliability are crucial when it comes to accounting services and working with a CPA ensures that you are working with an experienced professional.
CPAs also follow the CPA Code of Professional Conduct, which guides members and ensures that they follow sound and fair financial management reporting and business practices. The code also details the CPAs obligations to clients, employers, colleagues, and the public interest. In short, CPAs are professional and display integrity and honesty. They are objective, competent, and abide by strict confidentiality.
A Variety of Services
CPAs provide businesses with a comprehensive set of financial and managerial accounting services. This means that a CPA can help your business with an entire suite of accounting services, from bookkeeping and accounting to tax services, business advisory services, and more.
For instance, a CPA can assist an entrepreneur with start-up counselling or developing strategies for securing financing. A CPA can also handle business planning and financial projections, as well as business valuations, management counselling, and corporate income tax planning. No matter the size or structure of your business, a CPA will add value.
CPA services do not just help you with math. A CPA helps you identify new opportunities and grow your organization.
Trust Ralevic & Ralevic LLP
If your business is looking for a professional CPA accounting firm, you can trust Ralevic & Ralevic LLP. We have years of experience in assisting businesses and providing exceptional value to our clients. Our services include tax preparation, accounting services, audit & assurance, valuations, mergers & acquisitions advisory services, financial advisory services, and much more.
We have decades of experience and have serviced thousands of corporate clients, helping them grow their businesses and seize new opportunities. We build trusted relationships with our clients and continuously strive to meet their needs and exceed their expectations.
For more information on our services or to speak with a member of our team, please contact us today.
