COST ACCOUNTING
COST ACCOUNTING STANDARDS
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Question
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Public accountants
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Accountants who provide their services to many different clients.
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Accountants who work for a single employer other than the government or a public accounting firm.
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Explanation:
Detailed explanation-1: -Answer and Explanation: Public Accountants are those accountants that provide services to many clients. Public accounting firms provide tax preparation, tax strategy, auditing, assurance, business valuation, risk analysis, designing and implementing information systems.
Detailed explanation-2: -Auditing is a specialized branch of public accounting practice. Auditors review a company’s books to determine whether its records and accounting practices meet generally accepted standards. External auditors, as the name suggests, come from outside a company.
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