The history of accounting dates back a long time, to the times when people had to start keeping track of investments made by more than one single person or entity. Nowadays, the majority of bookkeeping is done by certified public accountants, also known as CPAs. Interestingly, New York State became the first state to issue a CPA exam, back in 1896.
A number of businesses do not have accountants, and therefore make careless financial errors that end up costing the company thousands of dollars. Becoming a CPA is not easy, so a business can always trust that anyone with a CPA license has gone through CPA training and all the CPA requirements.
The majority of states in America actually require that an accountant have a decent amount of experience before he or she can be licensed as a CPA. Obviously, CPA requirements vary from state to state and by jurisdiction, but ultimately it makes sense to hire a CPA with more experience and more credentials, as it proves they are more reputable and reliable than the competition.
When you hire a CPA, you can be extremely sure, beyond a reasonable doubt, that your books will all be kept in legal order. A CPA can even help work towards improving a person’s credit rating by providing he or she with a high quality financial plan.
Ultimately, whether it is a small business CPA or a personal CPA, a certified public accountant can truly make a difference in the handling of money. Some people struggle to keep track of their funds and make sure they are economical, but CPAs are all trained and have gone through extensive schooling and training to earn the title of being a CPA, so you can trust that their work will be beneficial and correct. Helpful links.