Accounting & Auditing: Career

To distinguish between public and private accounting is to think of public accountants as "external" accountants and private accountants as "internal" accountants. If the work is being performed strictly for the benefit of a specific company, it is considered private accounting. If it is is done to satisfy regulatory requirements for transparency, then it is public accounting.

AAA promotes accounting education, research and practice.

National organization for public accounting professionals.

Organization in private sector for establishing standards of financial accounting that govern the preparation of financial reports by non-governmental entities.

The independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local governments.

Non-profit corporation established by Congress to oversee the audits of public companies in order to protect the interests of investors and further public interest in preparation of informative, accurate and independent audit reports.

State Board of Public Accountancy qualifies, licenses and regulates individuals seeking licensure to practice as a certified public accountant and firms that offer public accounting services.