Types of accounting: Financial Accounting the process of

Financial Accounting the process of identifying, measuring, and communicating economic information to permit informed judgements and decisions by users of the Discover the different types of accounting, how they work, the benefits of knowing them, and how to choose the best one for your business. Learn about the different branches of accounting and their specializations, such as financial, managerial, cost, auditing, tax, and forensic accounting. Find out how to obtain accounting certifications and explore the areas of accounting practice. There are several types of accounting that range from auditing to the preparation of tax returns. Accountants tend to specialize in one of these fields.