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Are Audit Firms and Accounting Firms the Same Thing?
January 11, 2025by Dr Dawkins Brown
The terms “audit firms” and “accounting firms” are often used interchangeably, creating confusion for business owners, entrepreneurs, and even seasoned professionals. While there are areas of overlap between the two, the core functions, responsibilities, and regulatory frameworks of audit and accounting firms differ significantly. Understanding these distinctions is crucial for businesses seeking the right professional...
