What Are the Four Broad Fields of Accounting?

What Are the Four Broad Fields of Accounting?

The four broad types of accountants include public accountants, management accountants, government accountants and internal auditors. Every field of accounting has different job responsibilities and duties.

Public accountants focus mainly on auditing and tax functions. Management accountants focus primarily on reporting functions within the organization to contribute to planning and decision making. They also manage the reporting to stock holders, regulatory agencies and tax authorities.

A government accountant can work at any level of government to analyze and oversee the performance and allocation of funds. Internal auditors focus primarily on conducting compliance audits, developing internal controls and establishing accounting information systems.