Appreciating the Critical Role Played by CPAs and Accountants

Appreciating the Critical Role Played by CPAs and Accountants

Large businesses today increasingly require professionals who can bring together knowledge from multiple resources to address tactical business problems and help develop new business models. This fact provides new break-throughs for accounting professionals who can bring new value in a global, growing and free economy. Read more

When Hiring an Accountant Makes Good Business Sense

    Just a Professional to Remain in Good Standing With the IRS?

      Do not mistake an accountant for just a tax preparer. While most accounting professionals are quite knowledgeable with regards to the tax code as it pertains to entrepreneurs, small businesses and freelancers, these professionals do much more than merely preparing year-end tax returns. The Internal Revenue Service (IRS) highlights that it will accept professionally prepared tax returns from preparers who are not necessarily accountants.

    For the Freelancer: Accountant or Accounting Software?

    If you are just starting out and you have one client, the odds are good that a well-designed spreadsheet program can manage to keep track of your income and expenses. Read more

How a Client Should Interact With an Accountant

How a Client Should Interact With an Accountant

Accountants are trying to help clients get taxes done properly and efficiently. They are not a threat.

Accountants will ask for information and clients should provide the information quickly to make the accountants work easier and also the clients bill smaller. Clients that put off accountants and do not keep accurate records will make a CPA work harder and this will make the bill larger. Read more

What Contractors Should Look For in an Accountant

What Contractors Should Look For in an Accountant

All businesses need to make sure that they have someone looking after their financial affairs, small businesses especially tend to depend on the help and advice of their accountant quite heavily, often using him as a sort of unofficial Finance Director, but when it comes to the sole contractor, often trading as a Limited Company without the support of a team of colleagues to turn to, the role of their accountant becomes even more vital. Read more

Choosing the Right Accountant For Your Needs

Choosing the Right Accountant For Your Needs

Choosing the right accountant to work with may be difficult, but is as important as choosing the right doctor or dentist. You need to make sure that you feel comfortable with the accountant, has your best interests in mind and of course, and that the accountant is credible and trust-worthy. First thing to consider in searching for an accountant, is to be clear on what your needs are.

In accounting, there are various fields that accountants have expertise on and knowing the exact accounting services and ensuring that the accountant you choose has these services available, is your initial step. Read more

Not All Accountants Are Created Equal – What to Look For When Choosing an Accountant

Not All Accountants Are Created Equal - What to Look For When Choosing an Accountant

Not all accountants are the same. There are many different reasons why you should choose an accountant that is right for your needs and will suit your specific requirements. These could include whether you’re a sole trader, a company or partnership or just an individual wanting to maximise your tax return for the year.

You could also find that some accountants specialise in certain areas. Read more

Chartered Accountancy Institutes

Chartered Accountancy Institutes

The profession of chartered accountancy is one the most secured, lucrative and never ending professions. The positive improvement in the worldwide globalization has brought a revolution in almost every industry and therefore, each and every industry is competing to expanding their quality and services. Many local and international companies dealing with various brands and products are starting up rapidly but there is one thing common in all of them i.e. Read more