Branch of accounting

For information, accounting field could be divided into a few branches which is as follows:- i) Management Accounting ii)Financial Accounting iii) Taxation iv) Auditing Management Accounting is consider a future prediction on the business cost which will be useful for the management (internal users) to make their decision, projection, planning and control their business activity. The example of the M.A reporting consist of Sales Budget Report, Projection P & L for the year, Monthly Performance Review Report, etc. The format is not standardised from one business to another and it will be more depnding to the need and requirement of the company. Sought for better input from the rest...