The Certified Public Accountant, or CPA, designation is one of the most widely recognized and highly trusted professional designations in the business world. CPAs are distinguished from other finance professionals by stringent qualification and licensing requirements. Qualified accountants are CPAs if they have passed the Uniform Certified Public Accountant Examination.
Many CPAs are members of the American Institute of Certified Public Accountants, or of their state CPA society. CPAs have met additional state education and experience requirements for membership in their respective professional accounting bodies and certification as a CPA.
CPAs are Business and Financial Strategists for Businesses and Individuals
A CPA is not just a bookkeeper or a tax preparer. CPAs are business and financial strategists who help chart the paths of businesses and individuals. For businesses, CPAs manage finances and taxes, determine profitable new product lines, help diversify investments, and provide a variety of other consulting and business services. Individuals rely on CPAs for tax and financial planning services, investment advice, estate planning, and more.
In our world of ongoing technological advances, globalization, changing laws and regulations, and marketplace competition, CPAs will be essential in the marketplace—analyzing information, determining effective financial and business strategies, and assisting both individuals and businesses in achieving profitability.
VIP Divorce Discovery CPAs
VIP Divorce Discovery CPAs are trusted professionals who assist both businesses and individuals by shaping their future. Our CPAs have worked diligently to obtain the CPA designation, are highly qualified professionals, and are committed to deliver value to our clients.
Combining insight with integrity, our CPAs:
- Communicate the overall picture with clarity and objectivity
- Translate complex information into critical knowledge
- Anticipate and create opportunities
- Design pathways that transform vision into reality
VIP Divorce Discovery CPAs provide assurance services, or financial audit services, to do the following:
- Attest to the reasonableness of disclosures, the freedom from material mis-statement, and adherence to accounting principles.
- Serve corporations or the “private sector” in high-level functions such as Chief Financial Officer (CFO) or finance manager, or as CEOs subject to their full business knowledge and practice. Note: These CPAs do not provide services directly to the public.
- Provide a niche in the income tax preparation industry. Many small- to mid-sized firms have both a tax and an auditing department. With attorneys and enrolled agents, CPAs may represent taxpayers in matters before the Internal Revenue Service.
Areas of Finance Served
Whether providing services to the public or employed by corporations or associations, CPAs can operate in any finance area including:
- Assurance and attestation services
- Corporate finance (mergers and acquisitions, initial public offerings, share and debt issuings)
- Corporate governance
- Estate planning
- Financial accounting
- Financial analysis
- Financial planning
- Forensic accounting (preventing, detecting, and investigating financial frauds)
- Income tax
- Information technology, especially as applied to accounting and auditing
- Management consulting and performance management
- Tax preparation and planning
- Venture capital
- Financial reporting
- Bankruptcy, insolvency, and reorganization
- Business evaluation
Establishing Your CPA’s Credentials
Before selecting a CPA, consider the following:
- Does the individual hold an active CPA license?
- Are your needs compatible with the CPA’s personality and communication style?
- Does the CPA have the experience you need?
Your goal is to establish a long-term relationship—to partner with a CPA who will learn your business inside and out, and who will become a trusted advisor on major business and financial decisions.