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Nonprofit Blog

What’s Behind Door Number Three?

Posted by nhogan on Feb 7, 2017 2:16:52 PM

[[{"type":"media","view_mode":"media_large","fid":"2501","attributes":{"alt":"","class":"media-image","height":"167","style":"float: right; margin: 5px;","typeof":"foaf:Image","width":"250"}}]]Are you trying to decide whether to pursue a career in Tax or Audit, but neither one seems to be quite right for you? I was in the same position when I heard about a third option – Accounting and Advisory Services! What is it? Great question – keep reading to find out…

The BIG FOUR call it “Advisory,” and other firms may have varying names for what Smith & Howard simply calls “A&A” – Accounting and Advisory Services. The fastest way to describe what we do on a daily basis is to tell you what it’s not. It’s not income tax; and it’s not audit, attestation, or assurance. Basically, it’s everything else that falls outside those two big buckets!

Each practice has a busy season, and everyone is busy during the first quarter of the year. Tax for State and Federal Income Tax Returns; Audit/Assurance for year-end financial statement audits and reviews; and A&A for year-end bookkeeping, payroll taxes, business licenses, and business personal property tax returns. It’s kind of amazing to think about all the small – but important! –reports and forms businesses have to complete on a yearly basis for local governments, and A&A helps clients stay compliant with all of them.

What about the rest of the year? Trust me, there’s plenty to keep the A&A department working year-round, including bookkeeping, sales tax compliance, compilations, SOC engagements, due diligence projects and various sales and local tax projects – just to name a few things.

If you have questions about careers in A&A or want to talk to someone within the department about why they chose the A&A path, please reach out to us. We’re here to help you find the best fit for your skills and career goals.

- Beth Margedant, Accounting & Advisory Senior

Topics: Accounting, Advisory, Audit, Internship, Tax, Uncategorized

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Georgia's nonprofits recognize Smith & Howard as the premier nonprofit CPA firm in Atlanta and throughout our state. Nonprofits benefit from our nonprofit accounting knowledge and expertise in audits, tax Form 990, board governance and strategic planning. Our significant nonprofit client family is an extension of Smith & Howard’s interest in, and commitment to, our community. No one knows, understands or is as committed to nonprofits as the nonprofit accounting team at Smith & Howard.

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