Accounting

Process in which financial and monetary transaction are recorded systematically.

Accounting

Starts When bookkeeping ends

Accounting

No need of special or higher education for accountant

Accounting

Necessary for all the business and organisations as day to day.

Accounting

Used to find the financial position and performance of the organisation

Auditing

Process in which inspection and checking of financial transactions is done.

Auditing

Starts when accounting ends.

Auditing

Useful for adding creditability to the financial and monetary transections

Auditing

Auditor prepares the report on the bases of the audit