Focus and Scope

  • Financial Accounting: Focuses on the recording, classification, and reporting of financial transactions for external parties such as investors, creditors, and regulators.
  • Managerial Accounting: Provides financial information for internal management use for planning, control, and decision-making.
  • Cost Accounting: Analyzing production and operating costs to assist companies in determining prices and managing costs.
  • Tax Accounting: Handles the calculation and reporting of taxes payable by companies and ensures compliance with tax regulations.
  • Forensic Accounting: Using accounting techniques to investigate suspicious financial activity or fraud.
  • Information Systems Accounting: Managing and developing accounting information systems for storing and processing financial data.
  • International Accounting: Study and apply international accounting standards for companies operating globally

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