In a nutshell, an accountant’s job is to
maintain and inspects his clients’ finances, and while most of the time those
clients range from small businesses to huge corporations, even individuals
(particularly those with a vast array of assets) may need the help of an
accountant too. Basically, anyone who’s conscious about their wealth could
benefit from the services of a dependable accountant.
Multiple Industries
Just about any
industry can take advantage of accounting services. Take the medical profession
for example. If you own a hospital or even a medical office, then you’d surely
understand how even doctors need accountants to help with everything from managing
business taxes to facilitating payment from your patients. This is of course
because, in essence, medical services, like all fields of practice, also cannot
thrive without an efficient flow of incoming and outgoing financial resources.
Publicly
Traded Companies
Another benefit of having accountants on hand is
for publicly traded companies. These public companies are limited (Ltd.) liability
companies that offer its stocks/shares, bonds, and securities for acquisition
by members of the general public, so just about anybody can buy a portion of
these firms. Typically, such companies are required by local law to hire reputable
accountants to conduct external audits.
