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Guide to accountant responsibilities

ThomsonReuters

CPA responsibilities to clients As a trusted advisor in an increasingly complex financial landscape, certified public accountants (CPAs) have significant responsibilities for the services they provide to their clients.  However, there are several important developments to be aware of as the industry continues to evolve.

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Ways to prevent financial reporting errors

ThomsonReuters

For private companies, they may have their financial statements audited or reviewed by a CPA. The CPA will judge the information based on how well it complies with accounting standards. What is a financial statement restatement? Complex rules related to investments, acquisitions, tax accounting, and revenue recognition.