Accounting is an important subject and that provides the backbone for any business and even for personal financial accounting. Accounting standards are provided by various independent boards across the globe to provide guidance to the organization as to how they have to account for their business activities. The popular accounting standard boards are International Financial Reporting Standards (IFRS) and International Accounting Stanadards Board. Every country has its accounting standards and it is the set protocol that organizations in that country have to adopt and follow them. Besides regular college-based studies for accounting there are various chartered and certified courses in accounting that are pursued by the students during their education to enhance their career. Most of the institutes provide a large volume of homework and assignment in the area of accounting that is tedious and challenging for the students to complete. Some of the branches of accounting are listed below.
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