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Auditing : Reviewing financial records to verify accuracy and compliance with regulations. Public Accounting Public accounting involves providing services to various clients, including businesses, individuals, and government entities. Key Functions: Compliance Audits : Ensuring that the business follows regulatory standards.
Related Courses Bookkeeping Guidebook CFO Guidebook New Controller Guidebook What are the Types of Accounting? There are several types of accounting that range from auditing to the preparation of tax returns. Accountants tend to specialize in one of these fields, which leads to the different career tracks noted below.
Areas of Accounting Specialization There are many sub-fields within accounting in which a person can specialize. For example, there are tax accountants , costaccountants , payroll clerks , billing clerks , general ledger accountants , and collection clerks.
Related Courses How to Conduct an Audit Engagement New Controller Guidebook The Difference Between the CPA and CMA Certifications There are a number of certifications available to the accountant, of which the best-known are the CPA ( certified public accountant ) and CMA ( certified managementaccountant ).
At that time, the CMA exam was administered with paper and pencil and the field of managementaccounting was not widely known. How did you learn about managementaccounting? Denny had talked about wanting to have more credibility in front of people that were managementaccountants.
Connect with our Speakers: John Macaulay: [link] Colleen Lucero: [link] Full Episode Transcript: [ 00:00:00] < Intro > Margaret: So in this special podcast, Celebrating 50 Years of the CMA, or the Certified ManagementAccountant program. I wanted to be a managementaccountant in business.
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