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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Chapter
Section
BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

Name and describe four areas of specialization for a public accountant.

To determine

State and describe four areas of specialization for a public accountant.

Explanation

Certified Public Accountant (CPA):

CPA is trained and certified professionals. Individuals need to undergo a course and tests to become a CPA. Their main objective is to perform independent audit of the financial statement and reports created by the companies

The areas in which public accountant will be specialized are:

  • Auditing: It is carried out by the public accountant as to review the standards and to testify the procedures as to check whether the accounting policies and practices are followed properly. Audit is carried out as to provide independent opinion on the financial information so that the business is fairly represented...

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