Which Certifications Should you Look for in Accountants?
Most people prefer to check the certifications and qualifications of doctors, surgeons before consulting their service. However, when it comes to hiring an accountant for their business organization, they do not pay much attention to certifications. They are more than satisfied with only limited qualifications, which is a very risky practice.
Small businesses in competitive markets such as the United Arab Emirates suffer during the early years of their establishment due to incompetent accounts. Therefore, relying only on certified accounting professionals is crucial to ensure your business’s long-term success. So, before you hire accountants, check their credentials.
If you are not well informed, do not worry and explore this article in detail to learn about the certifications you should look for in accountants.
Top 8 Professional Certifications that Make Accountants Reliable
Certifications are what make the professionals reliable and trustworthy. It helps employers trust their skills and expertise. Moreover, it makes them hopeful about better performance, which can positively impact their business. So, you should always pay attention to the professional certifications of the accountants.
Here are the top professional certifications that make accountants more reliable.
Certified Public Accountant (CPA)
The certified public accountant is one of the most important professional certifications in the field of accounting. It enables professionals to perform the following duties efficiently.
- Investment consulting
- Tax planning
- Account analysis
- Risk management
- Identify new market opportunities
Moreover, certified public accountants ensure the financial integrity of the business. Due to this, mots business organizations hire bookkeeping and accounting firms in Dubai to enjoy the service of professional accounts, which ultimately boosts their business operations.
Certified Management Accountant (CMA)
A certified management accountant is another professional certification that makes the accountants more reliable, competitive, and trustworthy. Certified management accounts usually have the following expertise, which can help any business rise from scratch to multinational organizations.
- Manage company investments
- Risk management
- Decision making
So, be sure to employ the services of certified management accountants to enjoy steady business growth.
Certified Public Bookkeeper (CPB)
Bookkeeping is one of the most crucial parts of any business organization. Mistakes and errors in it can cause irreparable loss to the organization. Therefore, paying attention to the qualifications of bookkeepers is crucial. You can easily trust professionals who are certified, public bookkeepers. They are fluent in the following skills and can benefit your business.
- Accounting Principles
- Payroll management
- Identifying and fixing mistakes
- Recording financial statements
Certified Government Auditing Professional (CGAP)
Certified government auditing professional is one of the most demanded professional certifications. It helps the accounts develop expertise in the field of auditing as well, which can be a plus point for your organization. So do not hesitate to employ certified government auditing professionals’ services to ensure proper accounting and auditing in your firm.
- Financial Auditing
- Fraud Detection and Prevention
- Internal Auditing
- Public Accounting
- Risk Management
Certified Information Systems Auditor (CISA)
Another professional certification of the accounts which polishes their auditing skills is certified information system auditors. Professionals with this type of certification can perform the following task with great expertise.
- Implement an audit strategy for information systems
- Plan and execute audits
- Risk analysis and risk assessment
- Monitor information systems
So, do not forget to look for the certification of information system auditors among your accountants to ensure proper management and monitoring of your business operations.
Enrolled Agent (EA)
An enrolled agent is another crucial professional certification which you should seek in your accountants. The professional having this certification can perform the following duties.
- Prepare tax returns
- Represent taxpayers
Taxation is one of the most sensitive business matters. Errors in it cannot only make you face penalties but also the humiliation of not following due procedure. So, look for this certification while hiring professionals.
Certified in Financial Forensics (CFF)
Financial forensic has emerged as an important field in recent times. The professionals who are certified in financial forensics can perform the following duties.
- Performs inspections
Having a professional certified in financial forensics in your team will only boost your business organization’s growth and development.
Certified Fraud Examiner (CFE)
The frequency of fraudulent activities is on the rise in the business world. There is only one way of saving your business from such unfortunate incidents, and that is including certified fraud examiners in your team. They can perform the following duties.
- Identify evidence of fraud
- Conduct interviews
- Write reports
- Evaluate the fraud risk
Do not get impressed by the fake certifications of people. You can hire the service of bookkeeping and accounting firms in Dubai to ensure that only licensed and certified professionals are helping you establish your business and ensure its constant growth.
Trust accountants with professional certifications!
Your business needs the support of professional, skilled, and expert people. Hiring those with no certification can lead your business to loss instead of growth and development. If you are confused about where to find professionals, you can consult the consultant firms and hire the best support, which can revolutionize your business operations.