Four major fields of accounting are public, management, and government accounting, and internal auditing.
Public accountants have their own businesses or work for public accounting firms.
They perform a broad range of accounting, auditing, tax, and consulting activities for their clients, who may be corporations, governments, nonprofit organizations, or individuals. Management accountants, also called industrial, corporate, or private accountants, record and analyze the financial information of the companies for which they work. They also are responsible for budgeting, performance evaluation, cost management, and asset management. They are usually part of executive teams that are involved in strategic planning or new product development. Internal auditors verify the accuracy of their organization's records and check for mismanagement, waste, or fraud.