The work comprises classifying, summarizing and presenting accounting related data. This is apart from the analysis of various accounting information. The main aim of financial accounting is to determine the profit and loss of business operations during a particular period in time. Cost accounting relates to finding out the cost of goods manufactured or produced. Making available relevant information at the most needed time for use by the management is made possible with the help of Management accounting.  The objectives and targets of financial accounting can be achieved only if these bookkeepers keep accurate records the financial transactions. By careful classification and analysis of the recorded information, the reports presented in a very clear manner will help businesses ascertain the end results as well as the existing financial position the company enjoys at a particular time of the year. One will get answers related to the financial condition of the company and the business.

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