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Andrew McQueary

There are a ton of different types of accounting. Cost accounting, which ties well into managerial accounting, is the internal accounting for a business. This is financial information that a business has for its own personal use. Financial reporting is a type of accounting that focuses around creating financial statements that are to be published in documents such as a 10-K or a 10-Q. Tax accounting is a different type that focuses around how much tax is owed and various ways a company can change their business plan to take advantage of tax laws.

There are also a ton of different jobs you can get in accounting and accounting is very different in different industries (commercial, financial, governmental, non-profit, ect.) But I think this is beyond the scope of your question

Answered 2 years ago

Andrew McQueary