The role of an accountant is to provide financial advice and guidance to organizations, governments, and individuals. An accountant also provides assurance services relating to the preparation of financial statements that are in accordance with generally accepted accounting principles (GAAP). They must ensure accuracy and fairness in all financial reporting for the organization or agency they serve. Accountants also provide other professional services such as tax planning, budgeting and forecasting, internal audit, fraud prevention and detection, financial risk management and auditing (Farnsworth et al., 2020).
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