Does your business need a bookkeeper to maintain your daily ledger, an accountant to improve your cash flow, or a CPA to perform an audit? Read this blog post to find out the unique roles that a bookkeeper, accountant, and CPA play and how they differ from each other.
Have you found yourself using the terms CPAs, accountants, or bookkeepers interchangeably? Should you employ the services of all three or would a bookkeeper suffice? What is the exact difference between hiring a bookkeeper, accountant, or CPA?
While it is true that all these three professionals can manage your finances and can work towards a common goal, the scope of their work varies. An accountant can provide an in-depth analysis of your financial transactions while a bookkeeper would record each transaction. CPAs on the other hand are certified accountants who would oversee your accounting functions.
Who does your business require for your accounting needs? Let’s find out.