An example of an accounting service is keeping up with and managing the company’s financial records. This includes ensuring accurate tax documents are filed, tracking expenses and earnings and maintaining proper recordkeeping systems. Accounting services are critical for both small and large businesses to function properly and efficiently.
What is an example of accounting service?
There are different types of accounting services depending on a business’s needs. For instance, forensic accountants are involved in investigations related to fraud or embezzlement and support the litigation process cpa scottsdale by analyzing financial documentation and transactions.
They also help clients reduce their tax liability through deductions, exemptions, and credits. Another type of accounting is management accounting, which focuses on providing relevant information to managers to help them make better short- and long-term decisions.
Lastly, public accounting is where professional accountants help clients with their companies by spotting issues that restrict profitability and growth, as well as handling tax filings. They also offer advice on retirement planning, computer system consulting and business valuation.
There are several studies that have examined customer perceptions of accounting services. Many of these papers have explored how the service quality influences consumer satisfaction and loyalty. Others have analyzed the relationship between perceived service quality and corporate image (Aga and Safakli, 2007; Cameran et al., 2010).
Other studies have incorporated the notion of social exchange in service research by looking at interpersonal communications between customers and accountants (Freeman and Dart, 1993; Olorunniwo and Hsu, 2008). While this area is underdeveloped, there is potential to develop models that explore how client-oriented strategies can impact the quality of accounting services.
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