Working with Accounting Firms & CPA's

Working closely with Accounting Firms and CPA's, our firm is dedicated to providing value to accountants in transitioning their business. If you are looking to purchase, merge, sell, or establish a succession plan, Legacy 4ward wants to assist you in achieving your goals.   

  An accounting firm is made of a group of accountants who offer accounting and auditing services. They focus on day-to-day financial tasks, that can include bookkeeping, payroll processing, preparing financial statements, business valuation, and recording transactions. Accounting firms can also offer more specialized services, such as: tax resolution, advisory services, audit services, and forensic accounting. There are different types of accounting firms, including public, private, and government firms. Some accounting firms may advertise themselves as CPA firms, which means they have at least one certified public accountant (CPA) on staff. 

 Certified Public Accountants (CPAs) are accountants who have passed a state licensing exam (licensing requirements vary from state to state.) Typically, CPAs are required to have minimum education requirements, such as a bachelor’s degree in a related field. Whereas all CPAs are accountants, not all accountants are qualified to be CPAs.  CPAs are permitted to represent taxpayers before the IRS. 

Accountants offer services could include auditing, tax preparation and planning, payroll processing, bookkeeping, a  These services could include auditing, tax preparation and planning, payroll processing, and bookkeeping.  not all accountants are CPAs. CPAs have additional education, licensing, and experience requirements that make them more qualified to perform certain tasks: