What are the types of financial accounting?

Open in App

Solution

The types of financial accounting are:

Cash accounting

Accrual accounting

Also read:

Difference Between Cost Accounting and Financial Accounting

Dual Aspect Concept in Accounting

Learn about more questions and answers on business studies and various other commerce topics from our website.

Suggest Corrections

Similar questions

State what is the end product of financial accounting.

Q. State what is end product of financial accounting.

Q. 'The accounting concepts and accounting standards are generally referred to as the essence of financial accounting'. Comment.

Accounting information refers to the financial statements. The information provided by these statements can be categorised into various types. Briefly describe them.

Accounting records business transactions and events which are of a financial nature.Is this a limitation of accounting?

Join BYJU'S Learning Program

What are the types of financial accounting?

The types of financial accounting are: Cash accounting Accrual accounting Also read: Difference Between Cost Accounting and Financial Accounting Dual Aspect Concept in Accounting Learn about more questions and answers on business studies and various other commerce topics from our website.

The types of financial accounting are:

Cash accounting

Accrual accounting

Also read:

Difference Between Cost Accounting and Financial Accounting

Dual Aspect Concept in Accounting

Learn about more questions and answers on business studies and various other commerce topics from our website.