what are branches of accounting?
UrsSom:
hlo anaya
Answers
Answered by
4
The famous branches or types of accounting include finanacial accounting, managerial accounting, cost accounting, auditing, taxation,Als, fiduciary, and forensic accounting.........
Answered by
14
Answer:
Branches Of Accounting
Branches Of Accounting Are :-
- Financial Accounting :- Financial Accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to business.
- Cost Accounting :- Cost Accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail."
- Management Accounting :- The provision of financial data and advice to a company for use in the organisation and development of its business is called Management Accounting.
- Social Accounting :- Social Accounting is the process of communicating the social and environmental effects of organisations' economic actions to particular interest groups within society and to society at large.
- Tax Accounting :- Tax Accounting is a structure of accounting methods focused on taxes rather than the appearance of public financial statements.
- Government Accounting :- Government Accounting refers to the process of recording and the management of all financial transactions incurred by the government which includes its income and expenditures.
- Human Resource Accounting :- Human Resource Accounting is the process of identifying and reporting investments made in the human resources of an organisation that are presently unaccounted for in the conventional Accounting practices.
- Inflation Accounting :- Inflation Accounting is a special technique used to factor in the impact soaring or plummeting costs of goods in some regions of the world have on the reported figures of international companies.
- Quantitative Accounting :- Quantitative Accounting are concerned to the quantities of things. In Quantitative Accounting only accounts of quantity are done instead of monetary forms of goods.
hope it may help you...
♥️♥️♥️
please mark my answer brainliest
☺️☺️☺️
#answerwithquality#BAL
Similar questions