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The importance of accounting in a business organisation is unparallel to anything. This process keeps track of your company's financial health and reliability. Using a suitable accounting type, a company can analyse the records of its financial transactions. So, it can determine the costs incurred and profit earned through appropriate accounting procedures. The following sections include various types of accounting and their importance in drawing a clear conclusion about their benefits. Discover types of accounting, skills, salaries in different jobs, qualifications, and certifications, as well as the steps to getting started. Discover the different types of accounting, how they work, the benefits of knowing them, and how to choose the best one for your business. Financial Accounting the process of identifying, measuring, and communicating economic information to permit informed judgements and decisions by users of the