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Is an Accounting Firm a Financial Institution?

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Question added by Manuela Matimba , Accountant , C & J Accounting and Secretarial Services
Date Posted: 2015/10/07
Vali Pakrou
by Vali Pakrou , contract Accountant

An Accounting Firm is providing bookkeeping/accounting and business advise to it's client whereas Financial Institution is providing finance  and funds for business.

 

Tracy Lee Sutherland
by Tracy Lee Sutherland , Business Development Manager , Q8REALTOR

No, a Bank is a financial institution.

Sadiq ul Islam
by Sadiq ul Islam , Finance Manager , Bindawood Group of Companies

Accounting Firm is not a Financial Institution.

Abdul Qayum
by Abdul Qayum , General Manager , Bridge Legal and Accounting Services

no it is profit generation firm with not financial activities

Sohail Lone
by Sohail Lone , Assistant Manager Audit , Deloitte - United Arab Emirates

No but they can provide Audit,FAS to financial institutions.Financial institutions are mainly Investment Banks,Insurance providers, and brokerage firms

john dexab
by john dexab , Sales Manager , google.com

Generally, accounting services give a full range of services from payroll to collecting accounts pay to bookkeeping and accounting processes. Small business owners are attracted by the projected savings in employee costs and an additional reduction in their time, which is greater spent on their company's core business activity. If you want to get an accounting service you can visit the site I hope you will get good results after visit the site

tofael ahmed
by tofael ahmed , Mid Level , BRAC Bangladesh

No. It is a profitable trading institute. There has Received ans Payment and profit and loss Accounts 

No.Accounting firm is providing the services for accounting and book keeping whereas Financial Institution provides finance / funds for business.

Liezel Mejia
by Liezel Mejia , Accounting Supervisor , Universal Robina Corporation

No, Accounting Firms are considered as GPP.

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