Please Explain me about accounting branches
Accounting means recording,maintaining and analysing the transactions related to financial terms or monetary units. Well there are many types of accounting but three of them are basic and and used in most of the firms.
1. Financial accounting
​2. Corporate Accounting
​3. Cost Accounting
​These are 3 main methods of accounting which used to maintain and record transactions. Other accounting methods are Tax accounting, Managerial accounting, Fund accounting, Government accounting etc.