Talking Cents

Different types of accountants that can help your business grow

Whether it is to help manage your finances, better allocate your time, or receive expert knowledge for tax returns, the benefits of hiring accounts are clear. However, with so many different types of accounting careers within the financial industry, it can be difficult to understand what each does, and which ones are relevant to you. Branches of accounting vary, based on the setting of employment- as such, they have a wide range of responsibilities. Here at M.A.S Partners, the leading small business accounting firm in Zetland, we understand the role each accountant plays, and the impact they can make on the success of a business. As such, we have provided a list of different types of accountants, to help you find the type of accountant for you.

Corporate accountant

Corporate accounting deals with business aspects that have to do with finances. In small businesses, corporate accountants will handle almost all accounting tasks- such as bookkeeping- however, they will have split work if employed in a larger company. If you are looking for someone to manage your day-to-day finances, corporate accountants ensure your finances are in check, making sure that your financial records are accurate and kept up to date. Unlike our accountants at M.A.S Partners, a corporate accountant will generally work full time for a single company- one that sells goods or services. Many of them specialise in certain areas of accounting in larger companies- however ones that work in smaller businesses may have to be more versatile and perform a variety of accounting tasks.

Public accountant

Public accountants are very similar to corporate accountants- with the one key difference being that they generally work for an accounting firm. Our small business accountants at M.A.S Partners are well-experienced in many different industries and have extensive knowledge in the field. Public accountants work with external clients, where their responsibility to clients is to help ensure the client’s financial statements, records, and lodgings are accurate- in order to benefit them. If you are having difficulty with tax, hiring a public accountant is the way to go, as they often have a comprehensive understanding of tax law, and are able to help with tax returns.

Government accountant

Government accountants work with the government and perform a wide range of duties. They often audit private documentation or tax submissions from various businesses, to ensure the integrity of the law- maintaining financial records of government branches.

Consider M.A.S Partners for small business accountant

Here at M.A.S Partners, we help all our clients develop their business through our small business accounting services, as well as advisory. Many business owners are inexperienced, and do not understand the steps they need to take in order to grow. By hiring a small business accountant, you receive expert advice, whilst having your finances effectively handled stress free. Our small business accountants understand what your business needs. We know that every client is unique and provide specialised advice that will help your business develop through our small business accounting services. For more information on our business accounting, click here.