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Accountants’ specialized knowledge can support your startup business in many ways. We’ll cover the various services startups need from accountants and the things accountants look out for while doing their work. In particular, you will want someone who is well versed in the Generally Accepted AccountingPrinciples (GAAP).
If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Becoming a certified publicaccountant (CPA) takes years of higher education (150 credit hours) and success in an exam as well as continuing education requirements.
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