e stockholders and other financial statement users that a companys financial position is reported fairly. Assurance Services- is defined as services provided by a CPA that improve the quality of information, or its context, for decision makers. Such information can be financial or non-financial, about past events or conditions or about on-going processes or systems. Environmental Accounting- CPAs get involved in everything form environmental compliance audits and systems and procedures audits to handling claims and disputes. Forensic Accounting- looks beyond the face value of accounting records to determine if fraud has been committed. Also known as an investigative accountant or fraud auditor, the forensic accountant searches for evidence of criminal conduct or assists in the determination of claimed damages. Personal Financial Planning- CPAs provide assistance to individuals and companies in identifying financial objectives and counseling on risk, liquidity, management and tax characteristics of investments.CPAs in business and industry work for companies ranging from family-owned businesses to Fortune 500 companies. They are considered strategic business partners of their organizations and work in a variety of different areas, to name a few: Financial Management- CPAs are responsible for analyzing a companys future financing needs. Financial Reporting- accumulate and verify the data required for preparation of financial statements. CPAs are often in charge of the design, implementation, and maintenance of the computer system used in the preparation of financial statements. Internal Auditing- the CPA as an internal auditor is responsible for providing an objective review of the companys financial and operating systems. Tax Planning- CPA responsibilities include, determining the companys liability to various taxing authorities for income tax, licenses, sales tax, prope...
