Ph.D Accounting

Accountaning is the process of communicating financial information about a business entity to relevant users or entities such as potential shareholders, creditors (including banks or vendors), financial analysts, economists, and government agencies. Accounting can be divided into two major fields: management accounting and financial accounting. Management accounting concentrates on reporting to people inside the business entity and provides information to employees, managers, owner-managers and auditors. The main goal is to provide the management with a basis for making major decisions related to management and operations.