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Public Accountants:
Public accountants are subject to regulation, which varies by state, and not every state recognizes the public-accountant designation. Generally, however, public accountants do not have the breadth or depth of training that CPAS have. Some public accountants are graduates of a four-year accounting program but have not sat for or passed the CPA exam. One major difference between a public accountant and a CPA is that the CPA can attest to or certify a financial statement, meaning that the statement reasonably represents the financial situation of the client, and a public accountant can not. Again, however, if you are going to pay CPA rates for your accounting needs, why not work with a CPA? Search more information >>
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