What is an Accounting Firm?
An accounting firm is a group of accounting professionals who provide financial management services to clients. In addition to auditing and tax planning, payroll processing, bookkeeping, and advisory services, these companies may provide a variety of services. Accountants could be certified public accountants—CPAs—but not all are. Clients are also charged differently by accounting firms. It is common for tax preparation firms to charge by the project. Depending on the service provided, other providers may charge their clients by the hour. In addition, some companies offer a flat monthly rate for ongoing services like basic financial reporting. Their rates are determined by the size of their firm, the services they provide, and the degrees and certifications of their staff. Benefits of Accounting Firms There are many benefits of Accounting firms: Save Money Through accounting firms, you can save time because accounting firms manage your whole business-related work as Tax preparation, bo