Ask questions about the CPA’s approach to getting and serving clients, the role of staff, the use of technology – including computers, communications equipment and the Internet — as well as ways of keeping current, research methods, management of files and records, etc.

How much does it cost to take a CPA exam?

Some states are as low as $50 per while other states that want to make a buck off of you charge upwards of $500 per year. You will have to pay this fee for eternity in order to maintain your license and practice public accounting. You didn’t think you were done yet did you?

Is it worth it to take a CPA review course?

Even before you pay any actual CPA exam fees, you should purchase a CPA review course. It is possible to study for the exam without one, but it’s way more difficult and you are way more likely to fail multiple times without a real study guide. Trust me. It’s not worth it.

Do you have to pay to retake CPA exam?

If you need to retake the exam, you need not pay any additional amount to the CPA course provider. Familiarize yourself with the features of the different CPA review courses and select the one that best matches your needs. Paying this fee to your state board entitles you to apply to take the CPA exam.

What should I ask my accountant about my business?

When talking to your accountant, ask them how they can help your business grow. Accountants are financial and tax experts. Therefore, they know which opportunities best promote growth and what you need to steer clear from. Your accountant can track your financial progress and see what’s holding your business back (e.g., overspending on XYZ).

How old should accounting information be before hiring a CPA?

Accounting information can get out of date quickly. Except for annual information, most accounting information should be no more than 10-30 days old. You should be able to access your up-to-date information and your CPA quickly and easily. A proficient CPA makes it a habit to get back to clients as quickly as possible.

When to ask your CPA about your pharmacy?

It’s well into the new year and if you’re like most independent community pharmacy owners, you’re waiting for your CPA to tell you how your pharmacy performed last year and how much you have to pay in taxes from your already tight cash ow.

How can I find out if my CPA has a disciplinary action?

You should inquire with the state CPA organization to discover if there have been any disciplinary actions entered. Some accountants also have credentials as financial planners (PFS), securities representatives, business valuation experts, even lawyers. Check web directories and websites (e.g., )

How many hours of continuing education do you need to be a CPA?

EAs are required to have 72 hours of continuing education in a three-year period; each state sets its own requirements for CPAs. In Oregon, for example, CPAs must take 80 hours of continuing education within a two-year period. Many tax professionals take more than the minimum requirement for continuing education.