Within each of the four fields, accountants often specialize in one area Public accountants have their own businesses or work for accounting firms. Their clients are individuals or businesses from many different industries. Public accountants provide accounting, auditing, tax, and consulting services. For example, they examine a clients inventory or analyze their financial records. They may even help set up a clients new payroll plan.
Many public accountants specialize in taxes.
Thus they prepare tax returns for their customers. Management accountants work for corporations. Examples of employers are hospitals, law firms, and manufacturers. Management accountants are found in almost every industry. These accountants work as part of their companys management team and help make decisions.