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17 July, 11:20

A private accountant is an accountant whose services may be hired on a fee basis by individuals or business firms. Group of answer choices True False

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Answers (2)
  1. 17 July, 11:59
    0
    TRUE

    Explanation:

    A private accountant is an individual that provides a select and personalized set of accounting services on hire which may sometimes be exclusive to one client. Clients are usually individuals with high net worth or big corporations.

    A private account may be an employee of the client or may operate as an independent accountant, with the later being the case most times.
  2. 17 July, 14:51
    0
    Answer:False

    Explanation:A private accountant is the one who get hired to work in a private firm whereas a public accountant is the one who works in various for certain individuals or firms on a fee basis.

    Private accountant caters to personalized accounting services to a single ckient usually a client with a very high net income. They work independently or get employed by the elites to work dedicatedly for just that person.
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