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Let’s review a few terms: Accounting: the theory and system of setting up, maintaining, and auditing the financial records of a company; the art of analyzing the financial position and operating results of a business Accountant: a person whose profession is inspecting and auditing accounts; think data analysis Bookkeeper: a person that does the work of keeping account books or systematic records of money transactions; think data entry Certified Public Accountant (CPA): an accountant certified by a state examining board as having fulfilled the requirements of state law 
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It is important to understand the distinction between these roles because each is critical to the financial health and sustainability of your business. You need a bookkeeper to be sure that your financial records are being updated as transactions occur. An accountant can help to ensure that you have timely, complete, and accurate financial records by reconciling accounts and reviewing transactions to be sure they are classified properly. A CPA can advise business owners about compliance with regulations, provide strategic analysis of your business performance, financial management practices and controls, and assist with financial planning for future growth. Small business accounting is not just for tax time. We provide one stop shopping to meet your financial reporting needs. |
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3300 W Broad Street, Suite 100 Richmond, VA 23230 |
Nadia@NadiaAndersonCPA.com
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