The Advantages of Bookkeeping Services Near Me

Samirmerritt16 Apr, 2024Other

CPAs are expected to perform a wide variety of accounting services, the complexity of which may differ depending on the level of competitiveness in the client's industry or the number of employees of the company. What services can be provided by a CPA? Anything from financial statement preparation to tax filing, comprehensive financial consulting, and audits of past books. Bookkeepers, on the other hand, typically focus on the recording of day-to-day transactions and assist CPAs with proper documentation. However, bookkeepers can also maintain general ledgers, reconcile bank statements, administer account payables and receivables, and generate fiscal reports, usually alongside senior accountants.