What can a CPA do that an accountant cannot?

A Certified Public Accountant (CPA) possesses certain qualifications and capabilities that distinguish them from a general accountant. To begin with, CPAs have the authority to sign audit reports and provide opinions on financial statements, a responsibility that regular accountants do not hold. This ability is crucial for publicly traded companies that require audited financial statements to comply with regulatory standards. Additionally, CPAs can represent clients before the Internal Revenue Service (IRS) during audits, appeals, and other tax matters, offering a level of advocacy and expertise that non-CPAs cannot provide. Furthermore, CPAs are often required to meet higher educational standards, pass a rigorous examination, and adhere to strict ethical guidelines, ensuring a higher level of proficiency and trustworthiness in their professional conduct. In summary, while both CPAs and accountants play vital roles in financial management, CPAs have specialized skills and legal privileges that enable them to perform audits, represent clients before the IRS, and meet stringent professional standards.