Accountants
and auditors help to ensure that companies in the nation to operate
effectively, its public records kept accurately, and its taxes paid
timely. They
perform these vital functions by offering a service increasingly large
business and variety, including financial service, management and
government accounting, and internal auditing, to their clients. Beyond
the implementation of the fundamental tasks of the occupation preparing
financial documents, analysis and verification to provide information
to clients-many accountants now are required to possess a wide range of
knowledge and skills. Accountants
and auditors broaden their service offerings to include budgeting,
financial planning and investment analysis, technology consulting
information and limited legal services.
Specific
tasks vary considerably between the four major fields of accounting:
public management and government accounting and internal auditing.
Internal auditors verify the accuracy of their organization's internal records and check for mismanagement, waste, or fraud. Internal audit is an area of increasing importance of accounting and auditing. Internal
auditors examine and evaluate their financial management systems and
procedures for information management and internal controls to ensure
that records are accurate and controls are adequate to protect against
fraud and waste. They
also review company operations, evaluating their efficiency,
effectiveness and respect for the company and the procedures, laws,
regulations and government policies. There
are several types of accounts highly specialized, such as electronic
data processing, environmental, engineering, legal, the insurance
premium, bank, and auditors of health. As
computer systems are timely, internal auditors help managers to base
their decisions on actual data, rather than personal observation. Internal
auditors may also recommend controls for their organization's computer
system to ensure system reliability and data integrity.
Public accountants and auditors work in the public sector, maintaining and examining the records of government agencies and businesses and individuals whose activities are subject to regulation or taxation of private government audit. Accounting for federal employees, state and local governments ensure that revenues are received and expenditures are made in accordance with laws and regulations. Those employed by the federal government can work as agents of the Internal Revenue Service or the financial management, financial institution examination, or analysis and budget management.
Public accountants and auditors work in the public sector, maintaining and examining the records of government agencies and businesses and individuals whose activities are subject to regulation or taxation of private government audit. Accounting for federal employees, state and local governments ensure that revenues are received and expenditures are made in accordance with laws and regulations. Those employed by the federal government can work as agents of the Internal Revenue Service or the financial management, financial institution examination, or analysis and budget management.



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