Is FDD consider public accounting?

likefunny
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When performed in a public accounting firm, yes.

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FDD is accounting-based at the least, some even consider it to just be accounting. Many people refer to FDD as the accounting team. That's why pretty much everyone comes from audit or tax, which are 100% accounting roles

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Yeah 100% accounting, nothing wrong with it tho.

likehelpful

Accounting, yes. Public, no.

IMO no because public accounting relates specifically to financial accounting for public companies. CPAs are about being able to perform an audit.

A1 here in the US we also have professional services firms that provide M&A FDD services and employ CPAs but they are not CPA firms (A&M and FTI are common examples). Attest and Assurance services can only be provided by CPA firms as these services are regulated by the AICPA and PCAOB here in the US. However, FDD is not an Attest / Assurance service, so it falls under consulting or advisory.

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