What is social accounting? Social accounting is the process of communicating the social and environmental effects due to the business’ economic actions to the society and to people who find a huge interest in the business. It is mostly used in the aspect of business or corporate social responsibility. Any organization, including NGOs, charities or… Read More
Fund accounting is the main type of accounting that is used primarily by the government and non-profit organizations in the United States of America. It is used to record and monitor the money and assets that were entrusted, awarded, appropriated or contributed to their coffers. The funds or assets were conveyed in order for the… Read More
Forensic Accounting is a special practice in the accounting industry that focuses on investigating a business in the event that any criminal charges were made against it. Forensic actually means that it is useful in the court of law. The accountings that specialize in forensic accounting is often referred to as forensic auditors or investigative… Read More