CPAs or account firms may offer various services depending on their clients' needs. Because different firms have different services, clients need to know which fits their needs. Bookkeeping Bookkeeping is the task of monitoring and recording financial transactions, whether an individual or a company.  CPAs record them based on receipts, invoices, or bills with the guidance of the company's regulations.  Chartered Accounting Chartered accounting involves different skills in management and audit or sometimes a specific accounting field.  Accountants will advise you on these specializations and information about accounting systems and processes.  Tax Management Accountants will take care of various tax requirements required of businesses. They help you pay tax the right way. Accountants are the best for tax management if you encounter problems filing your returns or claims.  Forensic Accounting Forensic accounting tracks missing funds or discrepancies in a financial report to see if there's fraud. Companies usually avail this service to discover truths against evasion, and work accountants work with police officers.  Audit Reporting Auditors check financial statements and reports to check their precision and correctness double.  They track down even old records to make sure they get an in-depth financial review of the business. Finance Controller An accountant who acts as the finance controller oversees almost all accounting activities in a corporation. Aside from the company's financial aspect, they also take part in forecasting and decision-making.  Payroll Processing When employees receive their pay, accountants are the busiest to ensure they give the right amount.  They calculate the correct tax amount to deduct, include any incentives, and more.