BRANCHES OF ACCOUNTING Flashcards
1
Q
Prepares and provides financial information of a Government agency
A
Government Accounting
2
Q
Prepares and provides financial information to primary users
A
Financial Accounting
3
Q
Examples of Internal users
A
Management
Business owners
4
Q
Reviews the reports prepared by the above to insure completeness and faithful representation of financial and other information within the reports
A
Auditing
5
Q
Prepares and provides financial information to internal users
A
Managerial Accounting
6
Q
Examples of Primary users
A
Investors
Creditors
