Public Accounting -
This would be an accounting service to the general public, and is thought to be more professional than private accounting. Certified and non-certified public accountants can provide public accounting services.
This would be an accounting service to the general public, and is thought to be more professional than private accounting. Certified and non-certified public accountants can provide public accounting services.
Private Accounting -
This would be accounting that is limited to only a single firm, where an accountant receives a salary on an employer-employee basis. This term is used even if the employer is in a public corporation.
This would be accounting that is limited to only a single firm, where an accountant receives a salary on an employer-employee basis. This term is used even if the employer is in a public corporation.
National Income Accounting -
Rather than the usual business concept, national income accounting uses an economic or social concept. This type of accounting provides estimates of a country's annual purchasing power.
Rather than the usual business concept, national income accounting uses an economic or social concept. This type of accounting provides estimates of a country's annual purchasing power.
Fiduciary Accounting -
This type of accounting is done by a trustee, executor, or administrator. The job is to keep the records and prepare the reports, which may be authorized by or under the jurisdiction of a court of law.
This type of accounting is done by a trustee, executor, or administrator. The job is to keep the records and prepare the reports, which may be authorized by or under the jurisdiction of a court of law.
Fund or Governmental Accounting -
This type of accountant works for non-profit organizations or branches of government. The double-entry system of accounting is used, the same as conventional accounting. Special funds accounting is also used.
This type of accountant works for non-profit organizations or branches of government. The double-entry system of accounting is used, the same as conventional accounting. Special funds accounting is also used.
Forensic Accounting -
Forensic accounting looks at issues that result from actual or anticipated disputes or litigation. Forensic accountants often have to give expert evidence at a trial. All of the
Forensic accounting looks at issues that result from actual or anticipated disputes or litigation. Forensic accountants often have to give expert evidence at a trial. All of the
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