1 / 10

Different Types of Accounting Services

We provide end to end solutions to the startups in terms of providing them the Accounting outsource services, HR outsource services, Tax compliance (including Income tax, TDS and GST) and Financial Reporting compliance.

saithraman
Download Presentation

Different Types of Accounting Services

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Different Types of Accounting Services

  2. All accountants are engaged in recording and analyzing business transactions, bookkeeping, and assessing the financial capabilities of businesses and organizations. However, accounting practices differ according to the business environment, management status, and experience.

  3. The Four Main Types of Accounting Public Accounting : Public accounting is also called assurance services. It is the broadest and most varied type of accounting. These accountants are experienced in bookkeeping, financial analysis, and account management services.

  4. Management Accounting : Management accountants record and analyze your company’s financial data, which they use to carry out tasks including asset management, budgeting, performance evaluation, and cost management.

  5. Governmental Accounting : Governmental accounting involves public accounting duties for government agencies. Accountants make sure that revenues and expenditures are made according to the law. These accountants are involved in budgeting and government asset management.

  6. Internal Auditing : Accountants under internal auditing review your company or firm’s financial management practices, checking for mismanagements, fraud, and waste. They evaluate your budgeting, management systems, and operations for efficiency of performance with regard to laws and regulations.

  7. Different Types of Accounting Services Bookkeeping : Bookkeeping involves basic tasks that small to medium businesses have to accomplish while working closely with an accountant to ensure the accuracy of accounts. Bookkeepers may update financial systems using financial accounting software or record hard copy financial information. Furthermore, accounts payable and receivable are commonly monitored as part of bookkeeping.

  8. Chartered Accounting : A chartered accountant is a member of a professional accounting body. Chartered accountants are often skilled in a number of areas from management to auditing. They sometimes focus on a particular specialization within the accounting field.

  9. Tax Accounting : As per its title, tax accounting is a specialization in the field of income tax for individuals and the various tax requirements placed on businesses. Tax accountants are experts when it comes to claims and how to avoid paying tax unnecessarily. If you have any issues with tax or filing your returns, this would be your best bet.

  10. To know more detailed information about the taxation services have a look on the below link. • https://www.merakhata.com/

More Related