Many non-CPA owners of CPA
firms are regulated only by the marketplace.
In his view financial illiteracy threatens the nation's future and is therefore a problem for all CPAs
. "We are the right people--the right profession--to complete this important mission," he said.
Because the PFS designation indicates broad financial knowledge, CPAs
with the credential are appropriate resources for the financial literacy programs of the AICPA and the various state societies.
The Lansing Police Department attempted to establish whether it was meeting the goals established for its CPA
With accounting software becoming more user friendly and cheaper, there's little reason for an independent CPA
to do your check writing, bookkeeping or payroll management.
There seems to be consensus that there's a difference between shareholdings in clients served directly by the CPA
, and president and CEO of Chicago-based management and marketing consulting firm Practice Development Institute (PDI), says developing a niche means resolving a lot of issues such as "what and how to invest in staff, how to service clients and what risks to take to make money tomorrow vs.
Taking this a step further, the SEC could potentially argue that holding oneself out as providing "estate planning" may also result in losing the exclusion (depending on the scope of the CPA
Proper selection of a CPA
program coordinator and instructors helps ensure agency acceptance and community support.
If you realize you are incorrectly using the CPA
designation, you can, of course, become a licensed CPA
, choose not to use the designation or get involved in changing the state laws to specifically allow accountants without a current license to use the designation.
In a divorce, each side traditionally hires a CPA
to determine how to separate the couple's finances.
The Pareto Principle's impact on CPA
firms is a frequent topic of discussion.