Difference between Private and Public Accounting?

Answer

The difference between private and public accountants is that private accountants work as interior accountants first company. Public accountants serve a multitude of clientele. Choosing between these is hard for college students to choose to go into as a career.
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Public accounting includes any accounting work that a company performs for another company. Examples would be audits, tax compliance, consulting, etc. The "Big 4" (KPMG,
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Public corporations sell stock to the public on an exchange. In private companies, the senior management, key employees, and other individuals closely associated with the business
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Public accounting is any work that is performed
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Basically, since in Public accounting, there is no profit motive, then instead of using the regular formula of Assets = Liabilities + Equity, we use the formula of Assets = Liabilities
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Public accounting includes any accounting work that a company performs for another company. Examples would be audits, tax compliance, consulting, etc. The " ...
Public accounting includes any accounting work that a company performs for another company. Examples would be audits, tax compliance, consulting, etc. The " ...
The main differences between public accounting and private accounting is that public accounting includes any accounting work that a company performs for another ...
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