Financial Glossary

CPA (Certified Public Accountant)

Definition

A CPA is a professional designation for accountants who have passed the CPA exam and met licensing requirements, specializing in financial analysis, auditing, and tax preparation.

Related Services

CPAs provide tax planning, financial auditing, forensic accounting, and business consulting services.

Problem and Application

CPAs must navigate complex tax codes and changing regulations while ensuring accurate financial reporting. They play a vital role in preventing financial mismanagement and fraud.

Conclusion

CPAs bring credibility and expertise to financial operations, serving as trusted advisors for individuals and businesses alike.