What is meant by accountancy what define of accountancy types of accountancy?
Answers
Accounting is the process of recording financial transactions pertaining to a business. ... The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows
The Different Types of Accountancy
Audit.
Financial accounting.
Management accounting.
Tax accounting.
Forensic accounting.
Answer:
Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization. The key accountancy tasks are noted below.
In this article, we'll cover:
Financial Accounting.
Cost Accounting.
Auditing.
Managerial Accounting.
Accounting Information Systems.
Tax Accounting.
Forensic Accounting.
Fiduciary Accounting.