Accounting involves providing useful information to people who make investments, credits, and similar decisions. Accountants serve decision-makers by providing them with financial information to help them reach better determinations. Decision-makers include present and potential investors, lenders, and managers of businesses, as well as those who sell to or buy from businesses.
Accountants work for different types of organizations, such as:
- Public accounting firms
- Public and privately held companies
- Non-profit organizations, including federal, state, and local government units
- Financial Institutions
Major specializations include: public accounting, management accounting, tax accounting, cost accounting, government accounting, budget accounting, and internal auditing.