Accounting Greenwood Page 2 - financial bookkeeping

Accounting is the profession of carrying lout accounting research and measuring, processing and communicating financial data. Types of accounting include financial accounting, management accounting, tax accounting project accounting and cost accounting. Various accounting information systems and accounting software/book-keeping software are available for accountants to use, in order to easily record and process their transactions. Large organizations utilize Enterprise Resource planning systems so centralize and integrate information, however many have been part of accounting scandals. E-accounting or online accounting may also be used for accounting management. One popular software is Sage. The big four accountancy firms in the world are KPMG, Ernst & Young, Deloitte and PwC.