The measurement, communication and processing of financial or non-financial information regarding economic entities is known as accounting. It measures the results of a firm's economic activities. Accounting also conveys this information to various users like investors, creditors, regulators and management. Accounting can be divided into various branches including financial accounting, management accounting, external auditing, tax accounting and cost accounting. Financial accounting deals with reporting of an organization's financial information. Management accounting is involved in measuring, reporting and analyzing the information in order to be used by the management.