What is the difference between a Private Accounting Firm and a Public Accounting Firm?

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What is the difference between a Private Accounting Firm and a Public Accounting Firm?

2006-06-20 05:41:34 · 2 answers · asked by amce 2 in Business & Finance ➔ Careers & Employment

2 answers

Public accounting firms can issue an opinion on financial statements as to their conformity with GAAP and employ CPA's. Private acctg. firms usually specialize in tax issues and accounting services.

2006-06-20 05:46:52 · answer #1 · answered by Answer King 5 · 1⤊ 0⤋

private accounting firm handles private cases and public accounting firm is for everybody

well i think ;)

2006-06-20 05:45:45 · answer #2 · answered by Veronica 2 · 0⤊ 1⤋