Accountants prepare financial statements, forecast budgets, and design and monitor internal controls. By applying accounting concepts, performing accounting functions and disclosing financial information, accountants help decision-makers make appropriate determinations. The field of accounting includes cost, financial, fund management, tax and forensic accounting. Forensic Accountants combine accounting knowledge with investigative skills. Accountants may work for government entities or for public accounting firms.
Government Accountants are employed at government, federal, state and local levels to ensure the proper use of taxpayer funds.
Public or Chartered Accountants perform independent consultancy services for clients. They work for public accounting firms in varying sizes ranging from a small, local accounting practice to a large, international firm. Public or Chartered Accountants provide tax, audit, management and consulting services. Refer to the External Auditor section for more information about what Public or Chartered Accountants do to prevent and detect fraud.
Forensic Accountants combine accounting knowledge with investigative skills in litigation support and other settings. Due to heightened awareness and growing intolerance of fraudulent activity, the demand for Forensic Accountants is higher than ever.
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