Accounting and auditing companies operate to ensure that companies are run efficiently, public records are accurately kept, and taxes are properly and timely paid. These organizations analyze and transfer financial information to a variety of entities such as companies, Federal, State, and local governments, as well as individual clients. They provide information to clients by preparing, analyzing, and verifying financial documents. Many accountants also offer budget analysis, financial and investment planning, information technology consulting, and limited legal services. Government accountants and auditors work in the public sector, maintaining and examining the records of government agencies and auditing private businesses and individuals whose activities are subject to government regulations or taxation. Internal accountants check the effectiveness of their organization's internal controls and verify for mismanagement, waste, or fraud.
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