Myth about Accounting
Accountant equal Tax Preparer or IRS Agent
The true definition of an accountant is one who has a degree in Accounting. Yes, I prepared taxes right out of college when I worked for a public CPA firm, but the only reason that I was required to do such was because the partner I worked for had a few tax clients. Mainly, I audited companies. This does not mean a tax audit. This means that I went in, looked at their books and spot checked for accuracy. After this, we would give them a report on needed improvements and areas that looked good. This is a very brief summary of a company audit.