Tag Archives: public accounting

Public Accounting: Definition and Importance

Sara
Public accounting basically refers to the provision of accounting services to other firms, organizations, government agencies and individuals. It entails being a third party that analyzes the financial statements and systems of clients to establish if the financial statements that they produce are a fair representation of their financial position. Public accountants offer auditing and tax services to their clients.

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Choosing the right small business accountant

Sara
It is important to choose the right small business accountant because accounting is the language of business. It refers to the recording, reporting and analysis of financial data for economic entities such as businesses but also including economic entities such as states and countries. Accounting practitioners are generally referred to as accountants but the discipline of accounting has a number of specialized fields.

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