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Different types of accountants are Chartered Certified Accountant (ACCA or FCCA), Chartered Accountant (FCA, CA or ACA) and Certified Public Accountants (CPA). Accountancy is basically revelation of assurance about financial information which in turn helps managers, investors, tax authorities etc to make resource distribution judgment.
Auditing which is related to the accountancy field has separate regulations which are divided into two sub-disciplines known as Internal and external auditing. In external auditing an independent auditor inspects an association's financial and accounting records in order to give his report. These reports give rational but not complete assurance. Incase of an internal auditing the main beneficiary is the management and not the general public.
There are a large number of professional organisations for accountant's world wide. Accountancy tries to create precise financial reports which help managers, regulators and owners.
Auditing which is related to the accountancy field has separate regulations which are divided into two sub-disciplines known as Internal and external auditing. In external auditing an independent auditor inspects an association's financial and accounting records in order to give his report. These reports give rational but not complete assurance. Incase of an internal auditing the main beneficiary is the management and not the general public.
There are a large number of professional organisations for accountant's world wide. Accountancy tries to create precise financial reports which help managers, regulators and owners.
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