Why Hire a CPA?
Even if you have a small business or a single-person business, there are several good reasons why the services of a CPA are important.
Training and Standards
CPAs not only have the background to tackle all business accounting needs, they also adhere to professional standards that require their use of established practices and regulations. Your attention is focused on growing your business, not trying to navigate changing and complex taxation and financial accounting rules.
Accounting inaccuracies can lead to destructive fines and penalties, so having a professional at your disposal can often save you from making costly mistakes.
You can also check out our other article. Click below to find out what a CPA is, exactly.
What is a CPA?
In general, businesses need financial and tax advisors. However, if you’re wondering about whether to hire a CPA or an accountant, it’s helpful to understand exactly what having a CPA designation means.
The title “Accountant” is generic. It refers to a financial professional who knows accounting rules and regulations, including Generally Accepted Accounting Principles (GAAP).
CPAs, on the other hand, are accountants who have passed rigorous licensing examinations. A CPA designation is internationally recognizable and earning the CPA title demonstrates an incredible commitment to the profession.
Not only do CPA requirements include initial exams, but a Chartered Professional Accountant (CPA) must continually meet licensing requirements set forth by the Chartered Professional Accountants of Alberta (CPA Alberta). This provincial professional organization ensures the high standards for the CPA title are met and maintained and operates under the provincial Chartered Professional Accountants Act.
Want to read more? Click below to find out why you should hire a CPA.
For 18 years, the Chartered Professional Accountants at Faber have been providing quality, caring work to our clients. Whether they are doctors, lawyers, or other professionals, Faber always has the experience necessary to provide the highest quality service.
Our CPA teams not only have the background to tackle difficult client business accounting needs, but we also adhere to the professional standards outlined by CPA Alberta. This way, business owners stay focused on growing their business. By saving time and having professional assistance with finances, businesses have the ability to take on their next major venture.
Filing inaccurate returns can lead to punitive government penalties. Having a professional CPA from Faber at your disposal can save business owners from these types of issues. We keep up to date with all tax law changes and updates to give you the best service possible.
We are a full-service
We feel it is essential to continually professionally educate ourselves to improve our technical expertise, financial knowledge as well as service to our clients. CPA standards are already high, and so we work to raise the bar for the industry by providing exceptional work.
Integrity is a fundamental element of the accounting profession. We pride ourselves on remaining candid and forthright when dealing with a client’s financial information.
Through our constant efforts to remain responsive and open to our clients, we have managed to gain their trust, and as a result, referrals are fueling our growth. Creating strong bonds with many people, businesses, and financial communities is the heart of our company. We couldn’t have done it without all of you.