krisanapong detraphiphat / Getty Images Financial accounting is the process by which an organization's revenue, receivables and expenses are collected, measured, recorded and finally reported in ...

Managerial vs. Financial Accounting When examining financial information for a company, two distinct accounting branches serve fundamentally different purposes. Financial accounting faces outward ...

Reviewed by David Kindness Fact checked by Suzanne Kvilhaug Accounting vs. Economics: An Overview Accounting is a profession that records, analyzes, and reports income and expenses for individuals and ...