CPA firm Miami, FL: What is a CPA?

Understanding the ins and outs of the financial world these days can be tough. Many people turn to CPAs as a guide for managing their finances. CPA is an acronym which stands for certified public accountant. In order to become a CPA, you first must meet state education and experience requirements as well pass the Uniform Certified Public Accountant Examination. CPA’s mostly work in assurance services or public accounting. They can also be employed by large corporations to handle all of the company’s finances. Some CPA firms, such as Canner, Brody & Yan, LLC in Miami, deal mostly with managing the finances of privately owned businesses.

Understanding your finances is key for the success of a business no matter what the size. Many business owners turn to CPAs for financial services such as tax planning and compliance, audit services, accounting and bookkeeping. While you’re busy running a business, a CPA can provide many services that you never would think of, such as planning for and tracking expenses, proper recording of deposits, keeping an eye on invoices, and preparing tax documents. The benefits of using a CPA firm such as Canner, Brody & Yan, LLC are numerous and a business could save themselves some money in the long run.

Many people think accountants and CPAs are one in the same. While they do perform similar services, CPAs differ in that they are continually regulated and tested by the federal government so they stay up to date with the newest financial regulations. Trying to stay current on the newest finance laws and regulations by yourself is nearly impossible to do unless you have an educational background in finance or economics. Hiring a CPA means that you won’t ever have to worry about making mistakes and causing serious issues with your books. In many cases, using a CPA gives your business a sense of credibility because they present your finances in a professional way. You can have all the business savvy in the world but mistakes in financial documents can have serious repercussions. Nobody wants to have the IRS knocking at their door for an audit.

When you hire a CPA it’s important to get somebody you can trust. Ideally you want a CPA firm like Canner, Brody & Yan, LLC because they have sixty-five years of providing quality service to their customers. They also offer several guarantees that will give you piece of mind. A good CPA firm will do everything possible to handle all of your finances in a professional way so that you can get back to running your business.

There are many CPA firms in Miami, FL, but only Canner, Brody & Yan, LLC have the experienced CPAs that will do everything possible to help you get your finances in order.