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Our experts answer questions on Accountants and CPAs such as:

  • I suffered a loss last year in my business, I asked my CPA not to show this loss in my books. He is of the opinion that the said amount will be adjusted with current year's profit. Is he right?
  • I am running a corporation in Texas, Is it necessary to maintain the books of accounts as per IFRS or US GAAP. Can any accountant or CPA help me, I am running paper manufacturing business.
  • I am in process of hiring an accountant, I want to know what all softwares the accountant must know in order to maintain the accounts properly.
  • CPA's charge more than acccountant still they are not responsible for any misstatement in the financial statement, why?
  • I need help on transfer pricing, I am situated in US and have recently opened up a subsidiary in Japan. What are the transfer pricing provision in case I transfer raw material and machines to them, Need help of CPA!


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