What are CPA Services? How is this Different from Bookkeeping, Tax Prep, and Accounting Services?

What are CPA Services? And What makes them so complicated?
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CPAs can provide a number of services to small businesses.
But no other professional can provide all of the services that CPAs provide.
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CPA Services are accounting services that are provided by a Certified Public Accountant, also known as a CPA
Outline:
What are CPA Services? (0:45)
What are Compilation Services? (1:40)
What are Review Services? (2:03)
What are Audit Services? (2:25)
What are CPA Tax Services? (3:10)
Other Services CPAs Might Provide: (4:10)
Bookkeeper vs Tax Preparer vs Accountant vs CPA: (5:05)
Interested in talking with someone from our team? Sign up to get notified when we are accepting new clients here: lyfeaccounting.com/coming-soon/

Пікірлер: 53

  • @paulmeek537
    @paulmeek5372 жыл бұрын

    An enrolled agent can provide the same or even better tax services as CPA and have the same IRS representation rights ...fwi

  • @deanwillpower6832
    @deanwillpower68322 жыл бұрын

    At 3:32 you stated that only an attorney can represent you in front of the IRS but an Enrolled can as well. In fact, an EA could represent any client in any of the 50 states, where as an CPA can only represent the client they are licensed in.

  • @richardguzman9451

    @richardguzman9451

    Жыл бұрын

    Great job at picking that up, EA(enrolled agent)along with attorneys and enrolled actuaries along with CPA's can represent a client before the IRS.

  • @josephinebardot8403
    @josephinebardot84035 ай бұрын

    It is a great video thanks for the great information and well delivered. This is exactly what I was looking for.

  • @annastayziaa
    @annastayziaa2 жыл бұрын

    thank you!!!

  • @4u2nvnh8
    @4u2nvnh8 Жыл бұрын

    Thank you! Very good video.🤙🤙

  • @mojavedesertsonorandesert9531
    @mojavedesertsonorandesert95312 жыл бұрын

    Hey Sherman, glad I found your page!👍

  • @LYFEAccounting

    @LYFEAccounting

    2 жыл бұрын

    Me too! Thanks for watching!

  • @imperfectxennial3008
    @imperfectxennial30082 ай бұрын

    I only have one net pick about this video. Yes CPA’s and attorneys can represent you in court against the IRS, but there is another who can as well, Enrolled Agents (EA’s).

  • @ilsiaellington2054
    @ilsiaellington20542 жыл бұрын

    I loved watching this video

  • @mrmultiskill7281
    @mrmultiskill72812 жыл бұрын

    Thank you

  • @404TRUCKERTV
    @404TRUCKERTV Жыл бұрын

    Not to mention, bookkeepers usually do clerical manual work and have a ceiling or threshold. Usually small businesses on cash basis accounting systems. CPA clients are medium to mega publicly traded companies billions in revenues with complex information accounting systems.

  • @j.rlopez5518
    @j.rlopez55183 жыл бұрын

    You should do a video on the difference between a Certified Management Accountant vs a Certified Public Accountant

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    Great suggestion, noted!

  • @CapitalWorksPro
    @CapitalWorksPro3 жыл бұрын

    Would love to know how you put your videos together. Absolutely wonderful job as always. The production quality is grade A and I'm left wondering where you find the time to do such great work for your KZread channel as well as run your businesses.

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    Thank you very much! We are lucky to have a great team that can cover while the someone else is making videos :)

  • @CapitalWorksPro

    @CapitalWorksPro

    3 жыл бұрын

    @@LYFEAccounting So it's in house, not outsourced to an editor on fiverr. Very nice work :)

  • @techkadreclub4940

    @techkadreclub4940

    3 жыл бұрын

    Exactly. Yall's video editing and graphics are on point!

  • @luzvimindabacica4988
    @luzvimindabacica49882 жыл бұрын

    Hi, I'm new to your channel and new subscriber also, I wanna ask, if cpa can do bussiness registration for their clients? And how much the costs ? Like General business license?

  • @cristinahuerta2805
    @cristinahuerta2805 Жыл бұрын

    As a cpa in NJ what courses/coaching program should I take to become a tax consultant ?

  • @fabiangomez9269
    @fabiangomez92693 жыл бұрын

    I’d like to see a video about hoping a CPA vs Tax Strategist

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    Great suggestion! Noted!

  • @jenp27
    @jenp272 жыл бұрын

    Is a CPA only for business owners? How would I find someone for individuals?

  • @blackamericanlesbianprofes4357
    @blackamericanlesbianprofes43573 жыл бұрын

    Hello. I see one of your videos in my KZread suggestions. I am excited to see your channel! I am a U.S. Air Force Veteran now International (Black American) student at a UK University. I literally just finished my degree programme a couple of weeks ago. I will graduate this Summer 2021 with my degree BSc Accounting and Finance at age 36 (so excited!). And I am gradually studying for the CPA Exam as well as personal development towards my next career. Also I am preparing to do Master's degree in Forensic Accounting at another UK University (excited because I love investigating, finding information. And I enjoy reading about frauds and corruption, etc). I have subscribed to your channel. Date Stamp: 18june21

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    Wow. You have a bright future ahead. What do you want to do after you get your Masters?

  • @blackamericanlesbianprofes4357

    @blackamericanlesbianprofes4357

    3 жыл бұрын

    @@LYFEAccounting Thank you for your reply and encouraging words. To earn my CPA license. And I am looking at three different industries of interest to me to work as a Forensic Accountant. I really want to travel globally again with my next career.

  • @colorelax
    @colorelax3 жыл бұрын

    Sir thank you very much for the video... Actually I'm considering to do CPA and I'm doing CA in India... Can you please explain the difference between CA in India and CPA....?

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    Good suggestion, well make a video on it!

  • @rtanaka
    @rtanaka3 жыл бұрын

    Nice video as usual. I'm curious about the specific way your team would bill me as a potential client- for advice, would it be hourly? Bookkeeping, auditing, etc.?

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    We are working on a new consulting service for just that, looking to launch at the end of tax season

  • @NeuraPod

    @NeuraPod

    3 жыл бұрын

    @@LYFEAccounting Okay, great. Thanks.

  • @seanstandberry4961
    @seanstandberry49613 жыл бұрын

    💯💯💯

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    :)

  • @tricallyourmama
    @tricallyourmama2 жыл бұрын

    Yo how do i get services from you guys? Where are you located?

  • @superbjunkremoval6528
    @superbjunkremoval6528 Жыл бұрын

    How can I get a hold of you guys I need yall service

  • @t20009
    @t200093 жыл бұрын

    Do you guys offer your services outside of Georgia? And would you recommend hiring a firm in a state different from where your business is incorporated?

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    Yes we have clients from all over the country

  • @t20009

    @t20009

    3 жыл бұрын

    @@LYFEAccounting Are you accepting new customers? I'm in need of professionals who can make sure that my accounting is done correctly and accurately.

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    @@t20009 we are working hard on business taxes and bookkeeping right now. Do you need help in one of those areas?

  • @t20009

    @t20009

    3 жыл бұрын

    @@LYFEAccounting Yes, that is exactly what I'm looking for, actually!

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    @@t20009 awesome check out our site and sign up to view our pricing

  • @abrahams2581
    @abrahams2581 Жыл бұрын

    So many people doesn’t understand the difference between CPA and bookkeeper

  • @kenyab.3168
    @kenyab.31683 жыл бұрын

    What are your thoughts on EA’s vs CPA’s? Also, do you guys handle sales tax as well?

  • @LYFEAccounting

    @LYFEAccounting

    3 жыл бұрын

    What does EA stand for?

  • @kenyab.3168

    @kenyab.3168

    3 жыл бұрын

    @@LYFEAccounting Enrolled Agent

  • @misterj3133

    @misterj3133

    3 жыл бұрын

    I think EAs can represent tax clients in court as well.

  • @marriejames01

    @marriejames01

    3 жыл бұрын

    Are you asking for career choice? If so there’s more flexibility being a CPA.

  • @caviardiamonds
    @caviardiamonds3 жыл бұрын

    I need a CPA, I'm just getting started with KZread. I havnt made money but I created a LLC and put out a lot of money for start up. Can you guys help?

  • @errolwilliams9602
    @errolwilliams96022 жыл бұрын

    I enjoyed your presentation on the difference between the levels of accountants, however I have one point. Americans love to say that they are the world best in everything , for example baseball, World Series. I believe only America and Cuba plays this game. This is the same principle you are adopting in respect of accountancy qualifications. I would say, a CPA, is one of the recognised qualifications within the accountancy industry. In the UK, we have CA, ACCA and CIMA. I think you would find in order for a CPA to practice outside of America, you would have to resit our exams. Furthermore, when you upload your videos on a platform such as KZread, you must bear in mind that you are not just communicating with your fellow Americans but you are exposing yourself to the world..

  • @LoveGuruBlaire
    @LoveGuruBlaire2 жыл бұрын

    love your videos, HATE the background music. No, don't change it. Just delete it.

  • @marcedrickirby6348
    @marcedrickirby6348 Жыл бұрын

    MARCEDRIC.KIRBY INC. WELCOME TO THE VALLEY OF THE VAMPIRES DIAMOND & HARD DRIVE BANKING SYSTEM