The field of accounting that depends on generally accepted accounting principles (GAAP)is called

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Financial accounting is the field of accounting that depends on generally accepted accounting principles (GAAP) to prepare financial statements that provide information about a company's financial position, performance, and cash flows to external users such as investors, creditors, and regulators. Cost accounting, managerial accounting, responsibility accounting, and international accounting are all specialized fields within accounting that focus on specific aspects of financial management and decision-making.

The Field of Accounting That Depends on Generally Accepted Accounting