CPA vs. Accountant: What’s the Difference? By Evan Vitale
A Certified Public Accountant (CPA) is a particular kind of accountant who has fulfilled the training, work experience, and testing requirements of a state’s Board of Accountancy, according to Evan Vitale. In comparison to regular accountants, certified public accountants (CPAs) often have a wider scope of practice and are capable of performing a variety of accounting services, such as financial planning, auditing, and tax preparation.
However, the term “accountant” is more widely used to describe a professional who manages a range of financial responsibilities, including bookkeeping, financial statement preparation, and data analysis. Not all accountants are CPAs, even though some may have specializations or certifications. The primary differences are found in the strict licensing standards of CPAs and their capacity to provide more specialized financial services, such as defending clients before the Internal Revenue Service. Hope this information is helpful for you. To learn more, visit here: Evan Vitale.