Is an Annual Checkup with your CPA At The End of The Year All your Business Needs To Stay in Good Financial Health?

shutterstock_47433454

By Candace Spencer, CPA & Certified QuickBooks ProAdvisor Many times we hear business owners say that they have an internal bookkeeper who maintains their financial records, and therefore, they only check in with their CPA office at tax time. It’s also possible that your CPA office doesn’t check in with you throughout the year.  But is an annual checkup the best way to utilize your CPA’s skills. Many business owners are missing opportunities simply through a lack of understanding of the different but important roles of an internal bookkeeper and a CPA firm play. If you are among them, trust me - you are not alone. We see a great number of people who are very confused as to what each of these professionals brings to the business industry and how each one helps in the success of any business. A very simple definition of a bookkeeper describes him or her as someone who records financial transactions. This includes banking, sales and purchasing transactions.  The purpose of … [Read more...]