What are the subdivisions of the accounting industry?

Accounting industry is subdivided into management, accounting principles, financial management, intermediate financial accounting, auditing, cost accounting, management accounting, computerized accounting, advanced financial accounting and management statistics.

Accounting profession covers a wide range: authentication, auditing, taxation, corporate accounting, management accounting, financial management, bankruptcy liquidation, forensic accounting, budgeting, business consulting and so on.

Reflective function of accounting

(1) Accounting mainly reflects the economic activities of each unit quantitatively, and provides data for economic management through certain accounting methods.

(2) The function of reflection should include reflection before, during and after the event, that is, it runs through the whole process of economic activities.

(3) The accounting of actual economic activities should be based on legal and true self-vouchers and complete and continuous records, and provide systematic data according to the requirements of economic management, so as to fully grasp economic activities and assess economic effects.