I can count on any designated accountant to know what they're doing, can't I?
There are many designations in the world of accounting, just like there are many types of doctors. You know who to go to when you need heart surgery, but how do you choose an accountant? Prior to 2014, there were 3 designations; Chartered Accountants (CA), Chartered Professional Accountants (CPA) and Certified General Accountants (CGA). Since then, all graduating accountants receive the designation of Chartered Professional Accountant (CPA). Then they must choose a discipline to study and specialize in. Not all CPA’s are familiar with the regulations surrounding business or personal taxes. Since the regulations change every year, they do not have the detailed knowledge to give you the specialized advice you need for your small business.
For more information about Small Business Tax Accounting, click > Calgary Accountants