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Important Terms Associated with Certified Public Accountants

A Certified Public Accountant provides a wide range of finance-related services to businesses and the public. Some are generalists, while others specialize in certain aspects of accounting, such as bankruptcy or income tax preparation. For that reason, there’s a good chance you will eventually have dealings with a Certified Public Accountant, and there are a few terms and concepts with which you should be familiar.

  • CPA – A Certified Public Accountant. This is a professional accountant who has passed the Uniform Certified Public Accountant Examination (often called the Uniform CPA Exam). They must also meet other stringent standards that vary by state; generally, they must have a bachelor’s degree and a certain amount of on-the-job experience. CPAs can work for firms or run their own business.
  • Bookkeeping – Recording the day-to-day financial transactions of a business. Despite what many people think, a bookkeeper is not the same as an accountant. An accountant typically has more advanced training and knowledge than someone whose duties are restricted to bookkeeping. Small businesses often employ bookkeepers, whose salaries are generally lower; CPAs are more often found in the corporate sector, where their expertise is often required.
  • Forensic Accountant – Specialists in accounting as it pertains to legal disputes, frequently relating to financial fraud. They are employed in civil or criminal cases, and are often called upon to provide expert testimony for court trials.
  • Estate Planning – Preparing to transfer one’s assets to another party. CPAs are often employed to help prepare wills, including “living wills,” and calculate estate taxes.
  • Audit – Reviewing and verifying the accuracy of an individual’s or institution’s financial records.
  • Income Tax Preparation – Filling out and filing tax returns. CPAs are usually well versed in the intricacies of tax law, and their expertise in this area can prevent a lot of trouble.
    American Institute of Certified Public Accountants
    If you're thinking of becoming a certified public accountant, get the best education from our institute. Providing the knowledge and skills you need to succeed as a certified public accountant.
    National Association of Tax Professionals
    Appleton, WI 54912
    Our professional CPA's handle a variety of bookkeeping, tax, and payroll services for your business. Whether you're need extensive help, or merely advice on how to proceed with an accounting problem, we can help.
    American Institute of Certified Public Accountants
    New York, NY 10036
    When you become a member of our prestigious institute of certified public accountants, you gain access to the widest network of CPAs in the nation. Join today to see what you can learn!
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    Frank Paneno Cpa
    3755 Lockerbie Lane, Glenda, CA 91208
    I am a tax craftsman. I operate a small quality tax practice concentrating in areas I am experienced in. As a former IRS agent in two separate divisions I can help you with your most demanding IRS tax problems.
    (818) 957-1977
    Miller Kaplan Arase Llp
    4123 Lankershim Boulevard, North Hollywood, Los Angeles, CA 91602
    Miller Kaplan is a full service certified public accounting firm serving a diverse client base. For more details, visit http://www.millerkaplan.com/ and http://www.millerkaplan.com/services-2/
    (818) 769-2010
    David A. Wiesenberg, CPA
    3749 Cahuenga Blvd, Studio City, CA 91604
    We are professional Certified Public Accountants who can provide clients with a variety of helpful services including proactive tax planning, consultation, and more. Contact us today if you're looking for a CPA in Glendale.
    (818) 753-1945
    Holthouse Carlin & Van Trigt
    117 E. Colorado Boulevard Sixth Floor, Pasadena, CA 91105
    We are an experienced and reliable CPA firm that offers a wide range of financial and accounting services. Please call our office now to discuss what we can do for you. We welcome both individual and business accounts.
    (626) 243-5100
    J C Accounting Corp
    3333 Wilshire Blvd Ste 310, Los Angeles, CA 90010
    (1) Review Write a review
    (213) 487-0700
    User Review: "Jay nam chung is not a certified public accountant nor any accountant. he is just a book keeper. furthermore, he is..." - vofersburg (CA)
    Manela & Co. Inc.
    5455 Wilshire Blvd., Los Angeles, CA 90036
    We deal with all types of Accounting Services, Taxation Services, Payroll Services, Business Services and Financial Service.
    (323) 363-3553
    5150 Wilshire Blvd 4th Floor Suite 450, Los Angeles, CA 90036
    Lalea & Black offers affordable online accounting performed by real CPAs.
    (310) 295-1874
    Levotman Vadim CPA Accountancy Corporation
    433 N Camden Dr, Beverly Hills, CA 90210
    This accounting firm serves small to mid-size businesses, non-profits, and individuals in all industries. Providing services tailored to the needs of each client.
    (310) 278-6400
    RGL Forensics
    800 S Figueroa St, Suite 980, Los Angeles, CA 90017
    RGL forensics is focused on providing clients with independent and objective investigations while avoiding any question of conflict of interest.
    (213) 996-0900
    Accuretta, Inc. Certified Public Accountants
    5900 Sepulveda Blvd. Suite 580, Sherman Oaks, CA 91411
    Full service tax, accounting and business management firm serving individuals and businesses of all sizes and industries. By combining the expertise of our staff, each client receives close professional attention.
    (818) 782-1080
    Richard Weisnger CPA
    440 Western Ave, Glendale, CA 91201
    (818) 546-1094
    Bvahramjian Simon
    6912 San Fernando Rd, Glendale, CA 91201
    (818) 955-8730
    Alm Accounting Services
    1417 W Kenneth Rd, Glendale, CA 91201
    (818) 507-1747
    Kag Stone Bookkeeping
    1217 Alameda Ave, Glendale, CA 91201
    (818) 559-2412
    Wood Weisner Sacdalan and Associates
    440 Western Ave, Glendale, CA 91201
    (818) 546-1094

    Certified public accountants play an important role in the financial life of businesses as well as individuals. They perform a number of services from tax preparation to bookkeeping. Hiring a financial expert ensures the long term success of your personal finances or company. These professionals are able to offer objective advice using expertise those individuals and busy owners are unable to acquire. Individuals, government agencies, and businesses employ CPAs to make sure that their finance practices are up to par. Accountants use their meticulous bookkeeping skills to prepare tax returns. They make sure that all current standards and codes are being followed. They also used records to prepare accurate financial statements and budget analysis. Individuals may employ accounting services yearly or may use them regularly for advice in planning their financial futures. Businesses seek the skills of accountants when they are considering major purchases or other acquisitions. CPAs also review internal financial systems to guard against embezzlement and fraud. They may make recommendations to small business owners regarding technologies that will help their organizations run more efficiently. They assess which parts of a business are profitable and which need improvement. They also can serve as forensic accountants that determine the source of the problem when losses have occurred. They can also offer solutions to determine that problems do not arise in the future. Certified public accountant firms are staffed with a variety of certified professionals. Special certifications may be held in estate planning, bankruptcy recovery, or tax preparation. Corporate, individual, and small businesses benefit from consultations with these financial firms.
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