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Is a branch of accounting that focuses on recording, summarizing, and reporting a company's financial transactions through standardized financial statements. These statements are primarily intended for external stakeholders such as investors, creditors, regulators, and tax authorities.

(Also called management accounting) is a branch of accounting focused on providing internal financial information to a company's managers to help them make informed business decisions.

Is a branch of accounting that focuses on the preparation, analysis, and reporting of tax returns and tax payments. It ensures that individuals, businesses, and organizations comply with tax laws and regulations set by the government.

Is the process of examining and evaluating financial records, systems, and operations to ensure they are accurate, reliable, and compliant with applicable laws and standards. It provides an independent assessment of an organization’s financial health and internal controls.

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