ACCOUNTING : Language of business.
FINANCIAL ACCOUNTING : Concerned with recording of transaction business enerprises and the periodic preparation of various reports from such records.
MANAGEMENT ACCOUNTING : Accounting for internal management needs.
COST ACCOUNTING : Accounting for determination and control of costs.
ACCOUNTING PRINCIPLES : The body of doctrines commonlyassociated with the theory and procedure of accounting.
ACCOUNTING CONCEPT : Accounting postulates i.e. necessary assumptions or conditions upon which accounting is based.
ACCOUNTING CONVENTIONS : Conventions signfies the customes or traditions which serve as a guide to the preparation of accounting statements.
ACCOUNTING STANDARDS : Standards to be b=observed in the presentation of financial statements.
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