A certified public accountant is often times the first line of defense for business owners who need to make sure that they are filing all of their tax forms properly. There are currently over one million CPAs practicing in the United States. While that may sound like a lot, the truth is that there is room for plenty more.
To become a professional CPA, one must pass the Uniform Certified Public Accountant Exam after meeting certain state and federal experience and educational requirements. CPA certification requirements have varied over time, in order to make sure that those who earn their certificate are able to provide the highest quality service to their clients. CPAs have the skill to complete a wide range of finance related jobs with extreme competency.
A small business CPA will also have the ability to spot and correct financial errors before they cause serious damage. Errors like this could cause financial hardship, even forcing a business to shut down or trim their workforce. It could also end up forcing the IRS to pay them a visit.
CPAs can also serve as consultants and sounding boards for their clients new business ventures. Advice from someone who has meet all of the necessary CPA requirements is something that most business owners would love to receive.
As a certified public accountant, one could help a business to improve their overall credit rating. Those businesses that have been struggling due to poor planning or the recent recession could be saddled with a higher quality financial plan. The right bit of planning from a CPA could be all that is needed by business owners who have fallen on hard times.
Perhaps the best news is that those who decide to become a certified public accountant will probably never have to worry about being out of work. One thing for certain is that there will always be a need for those with high quality accounting skills!