This stream focuses on the preparation and reporting of financial statement for external stakeholders such as investors, creditors, and regulators. Financial accountants ensure compliance with accounting standards and regulations while providing an accurate depictions of a company's financial position, performance, and cash flows. 

Managerial accounting, also known as cost accounting, involves the preparation and analysis of financial information for internal use by management in decision-making. Managerial accountants may perform cost analysis, budgeting, variance analysis, and other activities to help managers make informed business decisions. 

Tax accountants specialize in tax planning, compliance, and reporting. They help individuals and businesses minimize their tax liabilities while ensuring compliance with tax law and regulations. Tax accountants may prepare tax returns, develop tax strategies, and represents clients in dealings with tax authorities. 

Auditing involves examining and evaluating financial records, transactions, and internal controls to provide assurance about the accuracy and reliability of financial information. Auditors may work for public accounting firms, government agencies, or internal audit departments within organizations.

Forensic accountants investigate financial fraud, embezzlement, and other financial crimes. They use accounting principles and investigative techniques to uncover evidence of wrongdoing, analyze financial data, and present findings in legal proceedings or regulatory investigations.

Financial analysts analyze financial data to evaluate the performance and prospects of companies and investments. They assess financial statements, economic trends, and industry benchmarks to provide recommendations for investment decisions, mergers and acquisitions, or strategic planning.