Types of Accounting | Introduction to Accounting | I.com, BBA, B.com, CA, ACCA, MBA,M.com #learn24_7
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Branches/Types of AccountingFinancial AccountingCost AccountingManagement
Branches/Types of Accounting
Financial Accounting
Cost Accounting
Management Accounting
FINANCIAL ACCOUNTING: Financial accounting is a branch of accounting that focuses on recording, summarizing, and reporting a company's financial transactions and information.
This information is then used to create financial statements, such as the income statement, balance sheet, and cash flow statement, which give a clear overview of the company's financial performance and position.
COST ACCOUNTING: Cost accounting is a branch of accounting that focuses on tracking and analyzing the costs incurred by a company in producing goods or providing services.
It involves identifying and tracking all the expenses related to production, such as raw materials, labor, overhead costs, and other resources used in the production process.
MANAGEMENT ACCOUNTING: Management accounting is a branch of accounting that focuses on providing financial information and analysis to help business owners and managers make informed decisions.
It provides information that is tailored to the specific needs of managers, allowing them to make strategic decisions and take appropriate actions to achieve the company's goals.
I.com BBA, B.com, CA, ACCA, MBA, M.com, MS Accounting
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#advancedaccounting #costaccounting #financialaccounting #introductiontoaccounting #whatisaccounting #definitionofaccounting #defineaccounting #recording
#classfying #summarizing #summarize #interpretation #typesofaccounting #fiancial #financialaccounting #cost #costaccounting #management #managementaccounting #branchesofaccounting
Financial Accounting
Cost Accounting
Management Accounting
FINANCIAL ACCOUNTING: Financial accounting is a branch of accounting that focuses on recording, summarizing, and reporting a company's financial transactions and information.
This information is then used to create financial statements, such as the income statement, balance sheet, and cash flow statement, which give a clear overview of the company's financial performance and position.
COST ACCOUNTING: Cost accounting is a branch of accounting that focuses on tracking and analyzing the costs incurred by a company in producing goods or providing services.
It involves identifying and tracking all the expenses related to production, such as raw materials, labor, overhead costs, and other resources used in the production process.
MANAGEMENT ACCOUNTING: Management accounting is a branch of accounting that focuses on providing financial information and analysis to help business owners and managers make informed decisions.
It provides information that is tailored to the specific needs of managers, allowing them to make strategic decisions and take appropriate actions to achieve the company's goals.
I.com BBA, B.com, CA, ACCA, MBA, M.com, MS Accounting
#icom #bba #bcom #ca #acca #mba #mcom #accounting #lectures #learn24_7 #financialaccounting #managerialaccounting #completelecture #onlinelectures
#advancedaccounting #costaccounting #financialaccounting #introductiontoaccounting #whatisaccounting #definitionofaccounting #defineaccounting #recording
#classfying #summarizing #summarize #interpretation #typesofaccounting #fiancial #financialaccounting #cost #costaccounting #management #managementaccounting #branchesofaccounting
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در تاریخ 1402/04/25 منتشر شده
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