Fabs

• Financial accounting is theoretical
• Management accounting is related to the profession
• Institute of Management Accountants (IMA) is associated with management accounting
• Government accounting is related to the government and involves entities like:

  • Commission of Audit (COA)
  • Department of Budget and Management (DBM)
  • The Bureau of Treasury (BTR)
• Auditing exam and review are essential components of accounting
• Tax preparation is a significant aspect of accounting
• Cost collection is a part of accounting processes
• Accounting education is planned and structured
• Accounting research requires diligence and thoroughness
• What is dbm

  Department of budget and management
• What is btr


  Fhe bureau of treasury