### academic discipline | accounting:

Bookkeeping
* is always one place where people try to save money by doing it themselves
  - an accounting
  - essentially the starting point of the accounting process
  - merely recording expenses and income
  - one of the most time consuming aspects of running a business
  - only a part of accounting, the record-marking part
* is the preliminary record-keeping state of accounting
  - process in which all financial information is gathered and recorded
  - recording, posting, and proving of the financial data

Cost accounting
* case in point.
* central element of managerial accounting.
* different way of looking at information.
* is an accounting
  - analyzed as a tool of management
  - studied as a segment of accounting controls
* subset of both financial and management accounting.
* vital part to industrial and manufacturing engineering.
+ Management accounting, Specific concepts, Cost accounting: Management :: Accounting

Current account
* are accounting
  - bank accounts
  - current deposits in banking institutions excluding payable drafts
  - part of balance of payment.
  * has less than fifty edits, and has a habit of retiring and quickly returning

Financial accounting
* Financial Accounting Teaches the basic structure of the accounting system.
* formalized system designed to record the financial history of the firm.
* is concerned with external reporting of accounting data
  - the preparation of financial statements
  - the art of communicating financial information to interested users
* measures the cost of the equipment.

### academic discipline | accounting:

Management accounting
* includes preparation of budget and cost data for managerial reporting.
* is an applied discipline used in various industries
  - very different from financial accounting
+ Management accounting, Specific concepts, Transfer pricing: Management :: Accounting
  * Management accounting is an applied discipline used in various industries. The specific functions and principles followed can vary based on the industry. Management accounting principles in banking are specialized but do have some common fundamental concepts used whether the industry is manufacturing based or service oriented. For example, transfer pricing is a concept used in manufacturing but is also applied in banking. It is a fundamental principle used in assigning value and revenue attribution to the various business units. Essentially, transfer pricing in banking is the method of assigning the interest rate risk of the bank to the various funding sources and uses of the enterprise.

Managerial accounting
* focuses on using accounting information in order to make business decisions.
* is utilized as a tool to understand the financial health of the organization.
* provides financial information is used to make business decisions
  - the essential data with which organizations are actually run

Public accounting
* enhances the economic accountability of business enterprises.
* is only one branch of accounting.

Tax accounting
* is based on the concept of the tax year.
* type of accounting that makes sure tax laws are followed.
+ Accountancy, Types of accounting: Accounting

Algebra
* are geometric facts which are proved.
* is academic discipline
  - science

### academic discipline | algebra:

Cognitive algebra
* facilitates the identification of antecedent and consequent operational abilities.
* is more akin to a theory of competence than a theory of performance.

Computer algebra
* are able to perform symbolic operations as well as numerical ones.
* is used to achieve optimal formulations.

Differential algebra
* generalization of classical commutative algebra.
* is the study of such fields, suitably axiomatized.