There are many services provided by public accountants. Usually, this is adjusted to the scientific capacity. Even so, there are also many capable experts in all areas of accounting. The following will explain the scope of popular public accounting services. The point is miami cpa firms that are often used by companies. Here is the explanation:
Financial Report Audit Services
The first scope is financial statement audit services. This means that public accountants work as independent auditors who are in charge of auditing all general financial reports for the purpose of issuing statements of opinion. The content of the opinion in question is about fairness or vice versa in a financial report related to the company’s economic entity. Of course, the results of this statement are taken after being linked with general accounting principles that are mastered.
Special Audit Services
The second scope is special audit services. In which the public accountant performs an audit of certain financial reports on the basis of work according to the agreement of both parties. Meanwhile, the audit report that is prepared must still refer to a complete basis of accounting principles. Usually, these services are requested by companies for certain purposes.
There is also a public accounting service called anesthesia services. The point is that an accountant is in charge of publishing a summary report of a statement. Which usually contains written assertions that are the responsibility of the other party. In this task, the public accountant acts as a review and report examiner in accordance with mutually agreed procedures. While the reports under study are usually related to financial projections, financial information, and others.
Financial Report Review Services
Financial report review services are also part of the scope of work of a public accountant. Meanwhile, the job is to read, analyze, and review financial reports and then report them in clearer calculation form. The review is made solely to provide limited assurance that there is no need to make material changes in the financial statements or vice versa. Of course, if it is related to the basic principles of comprehensive accounting.