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What does CPA do?


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November 12, 2013 3:17PM

The sole purpose of a CPA license is to provide an opinion as to the information presented in the the financial statements. The one thing that a CPA can do that no one else is legally allowed to do is to express a written opinion as to the information provided in financial statements. The day-to-day functions of a CPA depends on his/her experience level. Audits of financial statements includes validating information from the financial statements by comparing it to third party confirmations. This experience gives CPA's the knowledge and skills to provide other accounting and tax services.