Branches of Accounting:
- Financial accounting refers to accounting refers to accounting for revenues, expenses, assets, and liabilities. It involves the basic accounting processes of recording,
classifying, and summarizing transactions.
- Cost accounting is the branch of accounting dealing with the recording, classification, allocation, and reporting of current and prospective costs.
- Managerial accounting is the branch of accounting designed to provide information to various management levels in the hospitality operation for the purpose of
enhancing controls.
- Tax accounting is the branch of accounting relating to the preparation and filing of tax forms with the government agencies. Tax planning to minimize tax payments is a
significant part of the tax accountant’s work.
- Auditing is the branch of accounting involved in reviewing and evaluating documents, records, and control systems. Auditing may be external or internal.
2007-06-18 15:14:19
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answer #1
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answered by Sandy 7
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Branches Of Accounting
2016-11-11 03:10:33
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answer #2
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answered by ? 4
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Financial Accounts
Management Accounts
Cost Accounts
Social responsibility Accounts
HRM Accounts
2013-11-26 01:16:51
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answer #3
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answered by Arindam 2
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This Site Might Help You.
RE:
what are the different branches of accounting?
here are some, financial, manegerial. what else?
2015-08-13 01:03:33
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answer #4
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answered by Anonymous
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Rolaine, you better use Wikipedia or something for this. Are you trying to do homework or something? Sorry I just can't help but notice you posted several questions about the matter. Maybe even an Accounting book might help. Goodluck!!
xxx
2007-06-16 19:14:54
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answer #5
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answered by Shaycoholic 2
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branches are the extension of that company and accouting is the fianancial layout of the companies profit or losses
hope this will answer to your question
2007-06-16 19:16:22
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answer #6
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answered by jurassic3228 2
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Do you want to be an accountant or what?
2007-06-16 19:15:01
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answer #7
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answered by Mabait 1
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Why are you asking in the "travel" section? Try in "Education" or "Business"
2007-06-16 21:20:43
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answer #8
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answered by Sanmigsean 6
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bad answers all
2013-10-31 03:12:57
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answer #9
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answered by Irfan Ahmed 1
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