{"id":13349,"date":"2022-04-27T10:00:55","date_gmt":"2022-04-27T08:00:55","guid":{"rendered":"https:\/\/programsshop.com\/?p=13349"},"modified":"2022-04-27T14:49:37","modified_gmt":"2022-04-27T12:49:37","slug":"%d8%a3%d9%87%d8%af%d8%a7%d9%81-%d9%88%d9%81%d8%b1%d9%88%d8%b9-%d8%a7%d9%84%d9%85%d8%ad%d8%a7%d8%b3%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9","status":"publish","type":"post","link":"https:\/\/programsshop.com\/en\/2022\/04\/27\/%d8%a3%d9%87%d8%af%d8%a7%d9%81-%d9%88%d9%81%d8%b1%d9%88%d8%b9-%d8%a7%d9%84%d9%85%d8%ad%d8%a7%d8%b3%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9\/","title":{"rendered":"Objectives and branches of financial accounting"},"content":{"rendered":"
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<\/span><\/p>\n

There are five main objectives of accounting:<\/span><\/strong><\/span>
1. Determining the result of the business of the economic unit in terms of profit or loss for a specific period of time.<\/span>
2. Determining the financial position in this period.<\/span>
3. Providing the data and information necessary for planning and drawing up policies for the coming period or periods.<\/span>
4. Providing the data and information necessary to tighten control over the business of the economic unit and to preserve its properties from<\/span>
Loss, manipulation and embezzlement.<\/span>
5. Maintain complete, organized and permanent records of the financial actions carried out by the economic unit so that they can be referenced<\/span>
If necessary.<\/span><\/p>\n

<\/span><\/p>\n

Accounting branches and information users<\/span><\/strong><\/span>
The main branches of accounting can be identified as follows:<\/strong><\/span><\/p>\n

<\/span><\/p>\n

1. Accounting Financial:<\/span>
It is the branch that is concerned with analyzing and recording financial operations and summarizing them in order to measure the result of the activity of the economic unit during a certain period of time. The income statement and the statement of financial position are the product of the unit\u2019s financial accounting and its focus is on providing financial information to external parties (external accounting).<\/span>
2. Accounting Managerial & Accounting Cost:<\/span>
This branch began with cost accounting to determine the cost of production or to determine the unit cost, then it developed into managerial accounting because it is linked to cost accounting, as the administrative use of accounting information began with the use of product costs in making administrative decisions and evolved to include all accounting information that serves the administration such as planning, control and performance measurement, and this What's called<\/span>
Management accounting which is an extension of cost accounting.<\/span>
3. Accounting Governmental:<\/span>
It is the branch that aims to provide accounting information for government units and departments to ensure that oversight is achieved over the state's public funds, whether government revenues and expenditures.<\/span>
4. Auditing:<\/span>
Auditing is one of the functions closely related to, and at the same time independent of, accounting functions.<\/span>
The audit aims to verify the accuracy of the accounting information for the purpose of expressing a neutral technical opinion on the fairness of the financial statements<\/span><\/p>\n

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There are five main objectives of accounting: 1. Determining the outcome of the business of the economic unit of profit or loss for a certain period of time. 2. Determining the financial position in this period. 3. Providing the data and information necessary for planning and drawing policies for the coming period or periods.4. Providing data\u2026<\/p>","protected":false},"author":1,"featured_media":13350,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[256],"tags":[264,259,245,230,253,238,234,240,243,247,235,233,239,244,254,231],"class_list":["post-13349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new","tag-264","tag-259","tag-245","tag-230","tag-253","tag-238","tag-234","tag-240","tag-243","tag-247","tag-235","tag-233","tag-239","tag-244","tag-254","tag-----erp"],"_links":{"self":[{"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/posts\/13349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/comments?post=13349"}],"version-history":[{"count":0,"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/posts\/13349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/media\/13350"}],"wp:attachment":[{"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/media?parent=13349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/categories?post=13349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/programsshop.com\/en\/wp-json\/wp\/v2\/tags?post=13349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}