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What is an accountant?

An accountant is a financial professional who records, analyzes, and reports on the financial health of individuals or organizations, ensuring accuracy and compliance with regulations through tasks like preparing statements, managing budgets, auditing, and providing tax or strategic financial advice to help clients make informed decisions for growth and stability.

What do accountants do?

Accountants provide a variety of financial services to a company or client. These include:

• Financial Reporting: Preparing income statements, balance sheets, cash flow statements, and forecasts. 
• Auditing: Examining financial records for accuracy and adherence to standards. 
• Tax Services: Filing tax returns and offering tax planning. 
• Budgeting & Planning: Managing cash flow, creating budgets, and analyzing business plans. 
• Advisory: Providing insights on profitability, cost management, and financial strategy. 
• Specializations: Working in areas like forensic accounting (fraud investigation), corporate finance, or management accounting. 

Accountant specializations

There are many specialized roles within accountancy. Some of the most common include:

• Financial: Focuses on preparing financial statements for external stakeholders like investors and creditors, says Indeed.
• Tax: Handles tax preparation, compliance, and planning for individuals and businesses.
• Management: Supports internal decision-making, budgeting, and performance analysis for company growth, notes Bestcolleges.com and Oracle NetSuite.
• Cost: Analyzes and manages production costs, according to EAE Business School.
• Forensic: Investigates financial discrepancies for legal cases, fraud detection, and bankruptcy, notes the AICPA.
• Auditing: Examines financial records for accuracy and compliance, often performed by CPAs.
• Government: Manages finances for local, state, or federal agencies, as described by Indeed.
• IT: Focuses on the systems that collect and process financial data.
• ESG: Helps businesses track and report on environmental, social, and governance performance, notes the AICPA.
• Crypto: Manages and tracks digital assets.

Why hire an accountant?

Hiring an accountant saves time and money by ensuring financial accuracy, tax compliance, and strategic planning, preventing costly errors and penalties, and providing expert guidance for better business decisions, ultimately offering peace of mind and freeing you to focus on core activities. They handle complex tasks like bookkeeping, payroll, VAT, audits, and tax returns, while offering insights for growth and cash flow management.

How to hire an accountant in Phoenix

The traditional method for hiring an accountant is using a job board like Indeed, or relying on your professional network. However, this process typically takes 4 to 5 weeks, depending on the seniority of the role, and can be very expensive and time consuming.

Increasingly, more companies – especially startups and small businesses – are using marketplaces like HireAccountants.com to simplify their hiring process. With HireAccountants.com, you can hire an experienced, pre-vetted remote accountant in just 24 hours, while saving 80% on salary and hiring costs.

Why hire a remote accountant in Phoenix?

Hiring a remote accountant is a great choice, especially for startups and small businesses, due to the significant cost savings unlocked. With HireAccountants.com, you can hire a remote LATAM-based accountant with US experience in just 24 hours, while saving 80% on average across salary and hiring costs.

Why hire a Phoenix-based accountant with HireAccountants?

HireAccountants.com is the largest pre-vetted marketplace of accounting and finance professionals, built specifically for US companies. Receive a custom shortlist of talent for your role in 24 hours, and save up to 90% on salaries and hiring costs.