8 Branches of Accounting
Government accounting
Classifying, summarizing and communicating all transactions involving the receipts and disposition of government funds and property and interpreting the results thereof
Cost Accounting
Control of cost data, particularly the cost production in a manufacturing concern from the raw materials
Accounting Research
Discovering new theories that will have an impact on existing accounting knowledge
Accounting Education
Imparts knowledge to students enrolled in an accounting subject either in basic accounting or higher accounting subjects
Management
Management decision making, devising planning and performance management system
Financial accounting
Recording of business transactions
Tax Accounting
The Preparation of monthly value added tax, percentage tax, expanded withholding tax return
Auditing
The examination and review of accounting reports in order to ascertain the fairness, propriety and reliability of these reports