Many people assume that certified public accountants (CPAs) and accountants offer roughly the same services. However, there are a few significant differences to understand if you plan on securing accounting help, especially if you’re in need of CPA assistance.

What Makes CPAs Different

CPAs Are Licensed

While accountants also train in school, they aren’t licensed like CPAs. In addition to college coursework and one year spent working under a licensed CPA, prospective CPAs must also take a comprehensive test, including questions on taxes and auditing. Because ongoing education is crucial in this field, follow-up testing is required to maintain one’s CPA license. 

CPAs Must Adhere to a Code of Ethics

While both accountants and CPAs should provide quality service to their clients, CPAs are beholden to a code of ethics when offering accounting help. This code entails being objective and free of conflicts of interests, as well as conducting yourself with integrity and truthfulness. Trust is key in this profession, as clients assume a financial risk when following someone else’s advice on what to do with their money. 

CPAs Can Represent You in Front of the IRS

While most accountants can prepare your taxes, if you’re audited by the IRS, only a CPA can represent your interests. A CPA is likely more informed about tax code specifics and changes in law that could affect your filing. This knowledge is due to the high level of training they undergo to maintain their certification. 

The expert CPAs at Arehart Associates, Ltd. are ready to help clients in Waynesboro, VA handle taxes and other accounting matters. As certified public accountants, this team offers 200 combined years of experience. Along with tax planning and prep, they also help with audits. See the rest of the accounting services they offer online or call (540) 949-0124 to schedule a consultation.