Frequently asked questions

We offer a wide range of technical accounting services to small businesses and entrepreneurs. We are also proud to offer full cycle bookkeeping services to small businesses at affordable prices.

A CPA, or Certified Public Accountant, is a professional designation for accountants who have passed a rigorous examination and met specific education and experience requirements. CPAs are licensed to provide a range of accounting services, including auditing financial statements, tax planning and preparation, and consulting on financial matters.

In addition to passing the CPA exam, candidates typically need to have a bachelor's degree in accounting or a related field and gain practical experience under the supervision of a licensed CPA. Once licensed, CPAs must adhere to a code of ethics and complete continuing education to maintain their certification.

The CPA designation is highly respected and often required for certain positions in accounting and finance, making it a valuable credential for professionals in the field.

No, a bookkeeper is not necessarily a CPA. While both bookkeepers and CPAs work with financial records, their roles, qualifications, and responsibilities differ:

Bookkeeper: A bookkeeper is responsible for recording and maintaining a company's financial transactions, such as sales, purchases, and receipts. Their duties typically include managing accounts payable and receivable, reconciling bank statements, and preparing financial statements. Bookkeepers do not need to have a CPA license, although they may have relevant certifications or training in bookkeeping.
CPA (Certified Public Accountant): A CPA has completed additional education and passed a comprehensive examination to earn their certification. CPAs are licensed to provide a broader range of services, including auditing, tax planning and preparation, and financial consulting. They also adhere to a strict code of ethics and are required to complete continuing education to maintain their license.
In summary, while bookkeepers and CPAs both handle financial information, CPAs have more advanced qualifications and are licensed to perform a wider range of accounting services

A small business needs a bookkeeper for several important reasons below are only some of those reasons:

Accurate Financial Records: Bookkeepers ensure that all financial transactions are recorded accurately and consistently. This helps maintain up-to-date financial records, which are crucial for tracking the health of the business.

Efficiency: By managing day-to-day financial tasks such as invoicing, expense tracking, and bank reconciliations, bookkeepers free up time for business owners to focus on running and growing their business.

Regulatory Compliance: Bookkeepers help ensure that financial records comply with relevant regulations and standards. This includes proper documentation for tax purposes and adherence to any local, state, or federal financial reporting requirements.

Financial Insights: Regular bookkeeping provides business owners with detailed financial statements and reports. This information is essential for making informed decisions about budgeting, forecasting, and financial planning.

Tax Preparation: Accurate and well-maintained financial records simplify the tax preparation process. A bookkeeper can organize and categorize expenses, making it easier for accountants or tax professionals to prepare tax returns and identify potential deductions.

Error Prevention: Regular bookkeeping helps catch errors and discrepancies early, reducing the risk of costly mistakes or financial mismanagement.

Cash Flow Management: By tracking income and expenses, bookkeepers help businesses manage their cash flow more effectively, ensuring there is enough liquidity to meet obligations

Chris Perez is a Certified Public Accountant in the state of Arizona. Although Chris is a CPA, we do not offer traditional public accounting services which can only be performed by a CPA - such as assurance services (financial statement audits and other attest services) or representing clients in IRS matters. 

What we offer are bookkeeping and accounting services with the peace of mind that the person working on your business has the competencies to take on such a responsibility. 

Contact us to schedule free a consultation. We'll discuss your needs and customize our services to fit your business. Call us at (480) 917-0898 or email us at [email protected].