A CPA is a certified public accountant who works to help businesses and individuals manage financial matters. This can include auditing, taxation, and financial reporting. In addition to these services, some Chicago CPAs also offer advisory and consulting services, such as business consulting and mergers and acquisitions. These services are essential for many businesses and organizations in Chicago and throughout the US, as they can help companies stay on track with their finances and goals.
To become a CPA, an individual must meet academic requirements and complete a certain amount of professional experience. These requirements vary depending on the type of work a person wants to do. For example, some roles may require a bachelor’s degree in accounting and professional certification from a state-approved institution. Other positions may require a master’s degree in accounting or a master’s in business administration. The Illinois Department of Financial and Professional Regulation outlines the specifics for these requirements on its website.
Before applying to take the CPA exam, an individual should check the status of their Illinois license. The Department of Financial and Professional Regulation provides a License Look Up tool on its website that allows people to find their current status. A person can also find the application process and fees for licensure on this site.
If an individual is a licensed CPA in another state, they can obtain an Illinois license through reciprocity. This process involves creating an online account and submitting the required paperwork. In order to be eligible for this option, the applicant must have a job in the accounting profession and have completed at least four years of experience.
Founded in 2009, Del Real Tax Group serves small business owners, healthcare professionals, and lawyers in the Chicago area. It offers QuickBooks assistance, personal and corporate tax preparation, business consultation, and a variety of other accounting and financial services. Its team strives to complete every service with honesty and efficiency and to provide clients with valuable insights into their financial situation.
Another Chicago CPA firm, Upchurch & Associates, offers bookkeeping, tax planning, and incorporation services to small business owners and individuals. Its staff helps them develop solutions that decrease income taxes and increase cash flow, profit, and business assets. The company also specializes in IRS tax problem resolution.
NSKT Global is a Chicago-based consulting firm that addresses the financial management needs of a wide range of industries, including healthcare, information technology, and manufacturing. Its accountants reconcile bank statements, update daily transactions, and prepare quarterly financial reports. Its team also handles budgeting and payroll management for businesses in the region.
NSKT Global is committed to understanding the unique challenges and opportunities of local Chicago firms. This allows them to deliver tailored audit, taxation, and consulting services that support growth and success. Its team is also highly skilled in delivering value and fostering long-term client relationships. This has earned them a reputation as one of the top Chicago accounting firms.