Public Practice CPAs provide services to which group?

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Multiple Choice

Public Practice CPAs provide services to which group?

Public practice CPAs provide services to external clients for a fee. In public practice, the firm offers attest, tax, consulting, and other services to clients outside the CPA’s own organization, and revenue comes from charging those clients. This distinguishes public practice from internal accounting roles, where work is done for the firm’s own organization, and from serving only a single type of client. External clients can include private companies, individuals, not-for-profits, and even government entities, as long as they hire the firm for professional services and pay a fee.

Public practice CPAs provide services to external clients for a fee. In public practice, the firm offers attest, tax, consulting, and other services to clients outside the CPA’s own organization, and revenue comes from charging those clients. This distinguishes public practice from internal accounting roles, where work is done for the firm’s own organization, and from serving only a single type of client. External clients can include private companies, individuals, not-for-profits, and even government entities, as long as they hire the firm for professional services and pay a fee.

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