Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently.
An accountant is a practitioner of accounting or accountancy, which is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and others make decisions about allocating resource(s).. In many jurisdictions, professional accounting bodies maintain standards of practice and evaluations for professionals.
Accountants made a median salary of $69,350 in 2017. The best-paid 25 percent made $91,770 that year, while the lowest-paid 25 percent made $54,250.
How It Works. Accountants often work in a company's accounting department, at an auditing firm, or in a private practice. Regardless of where they work, an accountant's work generally revolves around recording, measuring, and presenting financial information.
We are the American Institute of CPAs, the world’s largest member association representing the accounting profession. Our history of serving the public interest stretches back to 1887.
Some accountants provide investment-related services to their customers. As you consider which types of financial professionals to work with, here’s what you need to know about accountants.. What they are: Accountants are trained to provide professional assistance to individuals and companies in areas including tax and financial planning, tax reporting, auditing, and management consulting.
Occupational Employment and Wages, May 2018 13-2011 Accountants and Auditors. Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others.