5 Lesser-Known Facts About CPAs That You Should Know

1
5 Lesser-Known Facts About CPAs That You Should
Know
2
CPAs Have a Global Outreach Certified Public
Accountants (CPAs) enjoy global recognition
because of their degrees. A CPA is considered one
of the top minds in the financial sector and
therefore is respected and considered to be the
premium class of financing professionals across
the whole world. However, specific states and
countries have specific requirements and
examination procedures for this designation.
3
CPAs are Getting Accustomed to Technology As
days are advancing, CPAs are constantly adapting
themselves to newer technologies like data
analytics, and artificial intelligence. Other
than that, they are also being trained to handle
automation and software optimally. This results
in their workflows getting fast, which thereby
increases the speed of deliverable results. Such
technologies also ensure that the work is done
efficiently, without committing any errors.
4
CPAs Play Diverse Roles We have been used to
seeing CPAs as financial planners and tax filers.
But CPAs play a lot more diverse role in their
professional lives. Other than analyzing reports,
and filing taxes, they also help with auditing
services, consultation with the management,
forensic accounting, etc. Even, a professional
CPA in West Hollywood can also help you with
personal financial planning and guide you through
your investments and savings.
5
CPA- The Designation Has a Long History People
might think that CPA is one of those professions
which has evolved recently much like data
science. But in reality, the degree has a long
history. It is one of the oldest professional
degrees that a financial wizard can obtain, which
began in the early 20th century in the US. The
Uniform Accountancy Act of 1917 made way for
regulating the accounting profession and
maintaining higher standards. So, being a CPA in
West Hollywood make you a part of this glorified
history!
6
CPAs Also Have The Niche Game If you were of the
notion that CPAs have to know every sector, you
were wrong. CPAs also have niche games within
them. Some CPA-certified professionals specialize
in different industries or sectors. Some
professionals focus on serving specific
industries like healthcare, entertainment, and
even NGOs.
7
Thank You