For businesses requiring expert financial guidance, a Chicago accountant is an essential resource. The city is home to a robust ecosystem of accounting firms that caters to a diverse range of industry needs. These firms vary in size and service offerings, from the larger global firms to smaller local options with specialized expertise. The competitive landscape of Chicago’s accounting scene ensures that businesses can find a firm and services suite that best suit their unique needs.

SRJ Consulting is a full-service accounting firm serving clients throughout the greater Chicago area. The firm’s team of experienced professionals is comprised of a mix of veterans and newcomers to the profession. Their experience includes providing auditing, taxation, and consulting services to mid-market and private companies. They also serve individual clients and nonprofit organizations.

In addition to tax services, SRJ Consulting offers a wide range of other accounting capabilities including bookkeeping, payroll processing, and financial reporting. They offer a variety of payment options and have worked with a wide range of industries including advertising and marketing, arts, entertainment and music, and automotive. They are available via telephone, email, and in person at their office in Chicago, Illinois.

Another CPA firm located in Chicago is the Dugan and Lopatka LLP, which has served the greater Chicago metro for almost 50 years. The firm’s team of accounting and tax specialists is made up of a mix of experienced professionals and those new to the profession. The firm’s clients include local governments, private companies, and nonprofit organizations. They also work with individuals and high-net worth clients.

Mueller’s accounting and tax services firm has been serving the Chicago area since 1968. The firm is highly regarded for its work with public and private enterprises of all sizes in the healthcare, technology, construction, non-profits, transportation, and manufacturing sectors. Their experienced staff focuses on listening, development, assessment, and implementation to achieve targeted goals for their clients.

The 150-hour Rule is a prime contributor to the current accounting shortage. This rule, passed in 1988 by the American Institute of Certified Public Accountants (AICPA), increased the education requirement for entry into the profession from four to five years of study at an accredited college or university. Unfortunately, the additional year didn’t improve the ability of new entrants to function in today’s complex commercial world.

The AICPA’s report on the shortage is due out soon. Let’s hope the Institute gets it right this time. This is too important to get it wrong.