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Financial Accounting: Financial accounting involves recording, summarizing, and reporting financial transactions to provide insights into the financial health of a business.
Managerial Accounting: Managerial accounting focuses on providing information to internal management for decision-making.
Cost Accounting: Cost accounting is essential for determining the cost of production and is crucial for pricing strategies.
Audit: Audit involves examining financial records to ensure accuracy and compliance with regulations.
Taxation: Taxation is a critical area of accounting that deals with tax return preparation and tax planning.
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