Final answer:
A CPA can perform an array of consulting services including analyzing accounting systems, reviewing business plans, and preparing documentation for obtaining financing. These services are crucial for enhancing a client's financial management and business growth strategies.
Step-by-step explanation:
A Certified Public Accountant (CPA) can perform a variety of services when carrying out consulting for a client. These services can include:
Analysis of the client's accounting system to ensure that it is functioning effectively and is designed to accurately capture all financial transactions.
Review of the client's business plan to provide critical feedback on the financial projections, market analysis, and strategic direction.
Preparation of information for obtaining financing, which may involve creating supporting financial statements or projections required by potential lenders or investors.
These services are designed to help clients manage and improve their financial systems, better plan and organize their business growth, and secure necessary capital for expansion or other business needs.