difference between accounting and financial accounting if it is same or not if

difference between accounting and financial accounting if it
is same or not if not what is the difference ?

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difference between accounting and financial accounting if it is same or not if not what is the dif..

Answer / wasim khan

accounting is a wider term and encompasses all accounting
techniques and methods applied in a business system.
accounting can be financial, cost or management accounting.
while financial accounting is a narrow concept pertaining
only to a accounting system dealing with financial
transactions and elements of finance.

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difference between accounting and financial accounting if it is same or not if not what is the dif..

Answer / yash

accounting is two types
1.)financial accounting is define the position of our
business. its measure a gp, np, stock turnover ratio and
etc......,

economical accounting is define the cost and expenses of
the co. including interest of capital

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