The next type of accountants are Cost accountants also known as management accountants. These type of accountants are used in major businesses and organizations and are essential to the functioning of a business. Cost accountants do not have as many duties as public accountants, however, their duties are of high value and extremely important. Cost accountants are in charge of such things in a business as budgeting, giving continual evaluations concerning the business, it s finances growth and liabilities as well as financial information regarding costs and assets for the company. This is a major role within a business or organization, which is why cost accountants are valued by such groups. Without public accountants, businesses would not be able to survive.

Government accountants are the last type of accountants. Governments accountants have the most specific of duties then any other type of accountants, which to to work in the bets interest of the government and the public within that government. Government accountants not only keep track of businesses records as well as the publics records, but they also ensure the fulfillment of tax obligations. Government accountants also make sure that the financial laws and regulations are being followed by businesses and individuals.

As you can see, the accounting field offers not only different fields for accountants to go into, but it also offers many different options for accountants to explore within those three classifications. Accountants hold a high value within not only businesses, but also in our society as a whole. The role on an accountant is essential to operate our financial needs.