What is the difference between an accounting company and a CPA firm?

An accounting companyaccounting company offers a broad range of financial services, including bookkeeping, payroll processing, and tax preparation, catering to businesses of all sizes. A CPA firm, on the other hand, is run by Certified Public Accountants (CPAs) who have passed rigorous exams and meet state licensing requirements. While both provide essential accounting services, CPA firms can represent clients before the IRS, perform audits, and offer more specialized financial consulting. Choosing between them depends on the complexity of your financial needs.