Accounting

Accounting plays a vital role in maintaining the records of a business. It is one of the key functions of a business. It is the process of recording all the financial transactions of a business systematically. It includes analyzing, summarizing and reporting the financial transactions to the regulators, agencies and tax authorities.

An accountant carries out the accounting process of a business. The financial statements prepared under the accounting process are precise statements of the financial transactions over an accounting period. The accounting statements summaries the financial position, company’s operations and cash flows.


Types Of Accounting

  • Cost Accounting

  • Financial Accounting

  • Managerial Accounting

  • Tax Accounting

  • Forensic Accounting