f the firms revenues. An auditors job is to determine whether the economic activities of an organization are fairly reflected in its financial statements. Auditors need to go beyond the numbers of a company and look at the operations from a businessperson perspective. They need to review a companys internal control system, safeguard business assets, and look at the accuracy of the financial records. The auditor then reaches a conclusion, using the information gained from analyzing the company and from overall knowledge. The second level of entry into the public accounting profession is taxation. Taxation is a complex and challenging area of the accounting profession because of constantly changing tax policies, the growth of multinational firms, and the greater complexity of business in general (Gaylord, 4). The CPA offers services such as tax planning and advice, the filling of tax returns and supporting documents, representation of clients before government agencies, estate planning, and other assistance to clients in regard to complying with tax laws. Typical tax consulting projects include: advising a client on acquisitions and mergers, evaluating tax aspects of various leasing agreements, guiding a client in reducing taxes, and counseling corporate executives on minimizing business taxes (5). The third level on entry for a public accountant is management counseling services. The role of management consulting professionals is to help clients define the information needs of their organization and to identify and assemble the data needed to create the information (Gaylord, 5). An important function of management consulting services is to help with a companys financial planning and control. Other examples of consulting projects of CPA firms are: advising and developing a system for a stock exchange, assisting a new integrated financial management system for New York City, and helping several major railroads with resource planning (Rosen...
