Certified public accountant (CPA)

Definition

A Certified Public Accountant (CPA) is a professional who has passed the Uniform CPA Examination and met all other state requirements to be licensed to provide accounting services, including auditing, tax preparation, and financial consulting. CPAs play a crucial role in helping businesses adhere to financial regulations and make informed economic decisions.

Related terms

Auditing: The systematic examination of financial records and statements by an accountant to ensure accuracy, compliance with standards, and absence of fraud.

Tax Preparation: The process of preparing tax returns, often income tax returns, for an individual or organization by someone other than the taxpayer.

Financial Consulting: Professional advice provided by CPAs or other financial experts on various aspects of finance such as investments, mergers, acquisitions, and planning for future growth