A Certified Public Account, or CPA, is an accountant licensed by the state to provide accounting services. A CPA may practice serving the public, or serving corporations in the private sector. The CPA definition may vary from state to state, as licensing requirements differ. However, all prospe...
What is a CPA? And when might you need one? Although these accounting pros usually come to mind when it comes to filing income taxes, they can help with quite a few other things. What is a Certified Public Accountant (CPA)? CPA stands for certified public accountant. It’s a credential...
CPA is a performance-based online advertising model where advertisers pay publishers a fixed amount whenever a user completes a specified action. Unlike other models that pay for clicks orimpressions, CPA focuses on conversions. The user must not only click on an ad but also complete a predetermi...
Definition:An S-corporation is a C-corporation that has elected to be incorporated under Sub-chapter S. Sub-chapter S allows S-corporations to be treated like a partnership for tax purposes. A key note here is that S-corporation status is simply a tax designation. The company is still orga...
Author: Harold Averkamp, CPA, MBA Definition of GAAP GAAP is the acronym for generally accepted accounting principles. GAAP consists of the following: Basic underlying accounting principles, assumptions, and concepts such as the cost principle, matching principle, full disclosure principle, and more....
What is the definition of capital?This is a vital source of financing across all types of businesses because companies need these resources in order to operate. Businesses raise capital by issuingstocksandbondsto investors who purchase these financial instruments with cash or other assets. ...
The Certified Public Accountant (CPA) is a professional designation given to qualified accountants. To become a CPA, you must pass a rigorous exam, known as the Uniform CPA Exam. Certified Public Accountants must meet education, work, and examination requirements—including holding a bachelor’s de...
Definition CFP® professionals commit to the CFP Board and act as a fiduciary when providing financial advice. What Is a Certified Financial Planner™ (CFP®)? Certified Financial Planner™ (CFP®) recognizes individuals with financial planning, taxes, insurance, and estate planning expertise...
To go further beyond the “What is CPE?” question, now, it’s time to consider technical vs. non-technical CPE. While every state has a different definition of what technical CPE is, it typically refers to accounting specific subjects. That includes topics like tax, audit, accounting law,...
The CPA certification is common among tax preparers and accountants (even though CPA has the word "accountant" in it, not all accountants have CPA certifications). If your financial advisor has a CPA, they may be able to help you optimize your tax situation. Chartered financial consultant: ...