 QUALATATIVE CHARACTICS OF

ACCOUNTING

RELEVENCE

RELIBILITY

UNDERSTANDABILITY

COMPARABILITY
 BRANCHES 0F ACCOUNTING

Management now- a - days require various types of informations to

perform it’s functions more efficiently . To meet the increasing
requirement of management ,various specialized branches of accounting
come into existence .
FINANCIAL ACCOUNTING

COST ACCOUNTING

MANAGEMENT ACCOUNTING

TAX ACCOUNTING

SOCIAL RESPONSIBILITY ACCOUNTING

USERS OF
ACCOUNTING
INFORMATION AND
THEIR NEEDS
 EXTERNAL USERS OF ACCOUNTING

1.GENERAL PUBLIC

2. POTENTIAL INVESTORS:-
To judge how safe and rewarding
the proposed investment will be.

3. CREDITORS:- To know about the creditworthiness of

of business enterprise.
4.SUPPLIERS

 5. TAX AUTHORITIES

 6.COMPETITORS

 7.INTERNAL AUDITORS
8. Customers

 9. BANKS

 10.ENVIRONMENT AGENCIES

 11. TRADE UNIONS

 12. OWNERS

13. EMPLOYEES
INTERNAL USERS OF ACCOUNTING

 DIRECTORS
 PARTNERS
 MANAGERS
 OFFICERS

For smooth running of business enterprise.

 SCOPE OF ACCOUNTING

Business Organisation
Government Institution
Working Professionals :-
accountants,doctors,advocates.
SCOPE:-

Individuals and families

Non profit organisations
Tax Accounting
Investors and management
BY :-
SHIKHA
MEHTA