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Written Assignment (30%) Task assigned: Accounting plays a vital role in running a business as it is the language of business. It is the system
Written Assignment (30%) Task assigned: Accounting plays a vital role in running a business as it is the language of business. It is the system of recording, summarizing, and analyzing an economic entity's financial transactions. As a result of economic, industrial, and technological developments, different specialized fields in accounting have emerged. a) Discuss any FOUR (4) specialized fields in accounting. You should engage an appropriate level of research and related examples. b) Summarize the differences between accounting and book-keeping. You should engage an appropriate level of research and related examples (Total: 100 marks) Note: Reler Appendix 1 for the marks allocation. The total marks for this assignment is 30% of overall assessment for this module
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