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A private practice that is owned either by non-governmental organisations or by a small number of shareholders. These types of companies are particularly common in accountancy.
Smaller practices are often started by a group of chartered accountants, wanting to work more independently. These smaller practices may only have occasional vacancies
These companies will require a huge amount of employees to create a financial department. They will deal with a whole range of jobs from accountancy to advisory roles. Private practice accountants will work on behalf of clients, either small companies or wealthy individuals.
Private practices may also hire some individuals in banking, in order to provide a wider range of specialist services.