Answer:
c. Financial Accounting
Explanation:
Financial Accounting focuses on the preparation of financial statements in under the Financial Reporting standards of IFRS - International Financial Reporting Standards or GAAP - Genarally Accepted Accounting Principles.
This branch looks into the presentation and disclosure of items that meet the definition and recognition criteria of assets, liabilities, income, expenses and equity in the financial statement.
The users usually targeted by these statements are the third parties that include shareholders, potential shareholders, tax authorities and creditors to mention but a few.
