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Accounting is the science (perhaps art) of measuring and communicating financial information about companies in business. Accounting is the language of finance.

There are several branches of Accounting:

Financial Accounting - This is the study of measuring financial information and reporting it accurately.

Managerial Accounting - This is the study of using financial information to make decisions

Auditing - Auditing is the process of checking statements for accuracy and integrity.

Tax Accounting - is the study of using accounting to form a tax strategy.