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Subject: Accounting Topic: Introduction Accounting is often seem as the language of business. The American Accounting Association define accounting as follows: "the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of the information.” People who need financial information include internal users, such as a company's managers and employees, and external users, such as banks, investors, governmental agencies and financial analysts. There are several different types of accounting, including: Financial Accounting Management Accounting Auditing Tax Accounting Fund Accounting Forensic Accounting