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Do you think there are accountants who can perform the roles of CPA-auditor and the CPA-tax...

Do you think there are accountants who can perform the roles of CPA-auditor and the CPA-tax accountant at the same time or usually they go in one direction or the other?

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Answer #1

A, Certified Public accountant is considered to be an accounting professional who has to attain degree to work in specified areas. Also, they have to fulfill some educational and work experience requirements to become licensed CPA. A licensed CPA can render following activities:

  1. Auditing and Reviewing
  2. Tax Preparation and related services.
  3. Consulting services
  4. Forensic Accounting Services
  5. Business valuation and financial planning
  6. Litigation Services

Therefore, those activities which fall in the arena of auditing or tax accountant can be performed by CPA.

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