public accounting
Third-party financial review
Public accounting is the branch of accounting that serves external clients rather than a single employer.
Public accountants work for firms that provide auditing, tax preparation, and consulting services to businesses, governments, and individuals.
The field is distinguished from private or corporate accounting, where accountants work in-house for one organization: She left public accounting after five years to take a controller position.
- business valuationAssessing enterprise economic worth
- tax returnIncome declaration to government
- tax planningStrategies minimizing owed levies
- auditFormal accounts examination
- audit trailChronological record of transactions
integrity · client confidentiality · internal controls · materiality · confidentiality · objectivity · mergers and acquisitions · cost analysis · attestation · independence · deductions · Big Four · partner track · billable hours · busy season · tax season · balance sheets · risk assessment
- accountingbookkeeping, ledger, balance sheet, general ledger, auditing
- Accountantsauditor, bookkeeper, CPA, bookkeepers, external auditors
- public financebudget deficit, tax revenue, budgets, expenditure, national budget
public accountingbookkeeping
Recording financial transactions systematically
cost accounting · corporate finance · internal audit · financial planning · accounts payable
public, accounting, publicly, publics, publication, publish, publisher, publishing, republic