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