The four major fields of accounting are public, management, and government accounting, and internal a uditing. Public accountants perform a broad range of accounting, auditing, tax, and consulting activities fo r clients, who may be corporations, governments, nonprofit organizations, or individuals. Management account ants, also called industrial, corporate, or private accountants record and analyze the financial information of the companies for which they work. They also are responsible for budgeting, performance evaluation, cost management, and asset management. They are usually a part of executive teams that are involved in strategic planning or new product development. Internal auditors maintain and examine the records of government agenci es and audit private businesses and individuals whose activities are subject to government regulations or tax ation.

Prepares asset, liability, and capital account entries.
Documents financial account transactions.
• Recommends financial actions.
• Summarizes current financial status and presents results.
• Substantiates financial transactions by auditing documents.
• Maintains accounting controls by preparing and recommending policies and procedures.
• Reconciles financial discrepancies.
• Verifies documentation, prepares payments, and requests disbursements.
• Ensures compliance with federal state and local financial legal requirements.
• Prepares special financial reports.