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Learning Center Experience
By Monica Hubler, Full-Time Faculty, Kaplan University
Your lifelong dream has come true: you
have started your own business. You did your research and your product will be
a success. You have selected the entity type of a corporation and filed all the
paper work to become registered with your state and the federal government. You
go public. Your next step is to seek accounting assistance. Again, you do your
research and hire a certified public accountant (CPA) to help with all those
accounting rules and government regulations, but is your CPA up to date with
all these rules and regulations to help protect your business from addition
taxes or regulations and possible bankruptcy?
issue is to see how your CPA can help protect you and the business from higher
taxes. Your CPA could find the best ways to limit your taxes, and this is done by
staying up-to-date on all the changes in the tax laws, both federal and state. You
and your CPA need to communicate the finances of the business and your future
plans for the business. The CPA is the expert in tax matters and following the
guidelines of the accounting profession such as GAAP (Generally Accepted
with the CPA being a tax expert, they are your financial advisor and could help
to guide you and your business to future success. The CPA has resources that
can be focused on your business. They have the ability to help steer you and
your business through rough times and make suggestions to help keep your
A CPA can be key
to helping a business stay in compliance with rules, taxes, and any and all
government regulations. They are always updating their knowledge and before
they conduit an audit, they become familiar with the industry completely so a
proper opinion can be issued regarding your business. They know what is
required to have your business stay in compliance with SOX (Sarbanes-Oxley) act
and are ahead of the curve with IFRS (International Financial Reporting
Standards). These are all good reasons to look for a CPA—they are the experts
for your business. To learn more about choosing the right CPA for your
business, visit the Frequently Asked Questions section.
Interested in this career? Check out Kaplan University's business resources here.
Hubler is a full-time faculty member with Kaplan University. The views expressed in this
article are solely those of the author and do not represent the view of Kaplan
By Cynthia Waddell, PhD, CPA, CFE
By Jerry Taylor
By Geoffrey Vanderpal
By Dr. Denise Schoenherr
By Stanley W. Self, CFE
By Rachel Byers, Full-Time Faculty, School of Business
Accounting firms are taking advantage of some emerging trends.
Change is the name of the game in wealth management!
Most people do not realize there are a variety of jobs in this field.
According to the BLS, employment of insurance sales agents is projected to grow.
Access definitions and FAQs related to accounting.
Access definitions and FAQs related to investments and wealth management.
Access definitions and FAQs related to real estate.
Access definitions and FAQs related to risk and insurance.
Kaplan Real Estate Education's Toby Schifsky looks at the factors to consider when pursuing a real estate career.
Toby Schifsky talks about the importance of goals and action steps for achieving them.
Access preparation and practice advise from Kaplan Financial Education experts Mary Orn and Julie Ramsey.
Maylee talks about her experiences with Kaplan Financial Education and preparing for her exams.
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