Remove accounting principles Remove cpas Remove financial statements Remove payroll
article thumbnail

What’s the Difference Between a Controller and a CFO?

Shay CPA

In other words, a good controller’s work is often very granular, getting into the details to ensure accuracy in your company’s financial statements on a daily basis. That certification ensures that they’re up to date on best practices like Generally Accepted Accounting Principles (GAAP).

article thumbnail

ARE ALL ACCOUNTING SERVICES THE SAME?

Basis 365

CPA firm : CPAs are generally going to be the most expensive option. If you perform the service now and get paid 3 months later, having that revenue hit three months from now when you incurred the expense of performing that work today would result in unhelpful financial statements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Gaining More Value with Virtual Accounting

AccountingDepartment

They might hand over a spreadsheet and a box of receipts and then the CPA does all the work. The CPA will often provide some tips on how to lower next year’s tax bill, but then it’s goodbye until next year. Good CPAs are valuable to any business, but they only handle part of your accounting needs.

Account 88
article thumbnail

Accounting for Startups

inDinero Accounting

We’ll cover the various services startups need from accountants and the things accountants look out for while doing their work. There are many good reasons for the way things work – GAAP (generally accepted accounting principles) has been honed for decades. All of these should be managed and handled by your accountant.

Account 52
article thumbnail

Accounting for Startups

inDinero Accounting

We’ll cover the various services startups need from accountants and the things accountants look out for while doing their work. There are many good reasons for the way things work – GAAP (generally accepted accounting principles) has been honed for decades. All of these should be managed and handled by your accountant.

Account 52