Accountants play a vital role in the world of business. They are responsible for keeping accurate public records and ensuring an organization’s taxes are paid correctly and on time. Due to recent corporation scandals, an increasing number of accountants are employed to watch for any mismanagement of funds or fraud, and to ensure company compliance to tightening federal regulations regarding accounting and financial reporting practices. Typical daily duties include analyzation and verification of financial data and reports, and communicating their findings to management/clients. Accountants who render services to individuals are highly trusted by clients and often asked to not only prepare taxes, but also act as a financial advisor. Clients ask for help in creating a personal budget, managing investments and saving for retirement. There are several specialties within the accounting field that a professional can choose, however they all stem from four main types of accountants:

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