Please Explain me about accounting branches
Accounting means recording,maintaining and analysing the transactions related to financial terms or monetary units. Well there are many types of accounting but three of them are basic and and used in most of the firms.br /1. Financial accountingbr /2. Corporate Accountingbr /3. Cost Accountingbr /These are 3 main methods of accounting which used to maintain and record transactions. Other accounting methods are Tax accounting, Managerial accounting, Fund accounting, Government accounting etc.
Cost accounting ..br /Management accountingbr /Auditing ..br /Tax accounting ..br /Fund accounting .br /Government accounting
Sales tax , service Tax , TDS completely work and journal accounting knowledge
financial accounting, cost accounting and management accounting. Financial Accounting is based on a systematic method of recording transactions of any business according to the accounting principles. It is the original form of the accounting process.
Financial Accounting, Managerial Accounting, Cost Accounting, Auditing, Tax Accounting, Feduciary Accouting, Forensic Accouting, Accouting Systems
Cost accounting Tax accounting Management accounting Financial accounting Auditing
As per company law you should maintain sepretly a/c for each of brance & head office mentain a/c alonge & pass to entery for head offce & branch A/c & end of finnacial year all a/c of branch tranfer to head office books br /
There are 3 branches of Accounting, 1-financial Accounting, 2-cost accounting and 3-management accounting
Sashank,their is 3 main branches of aacounting. One is financial accounting-It is a specialized branch which keeps records of a company's financial transactions. Second one is cost accounting- The recordings of all costs incurred in a business in a way that can be used to improve its mangement. And the last one is management accounting-It is a provision of financial data and advice to a company for use in the organisation and develpment of its business.
There are three main branches of accounting which include financial accounting, cost accounting and management accounting
Accounting is vey basic word. It further spreads into many branches like financial accounting, sales accounting, cost accounting, tax accounting and many more.