Are you looking for best quality assignment in English? We created IGNOU BCOC-131 (Financial Accounting) assignment for your help and convenience. Here is the perfect assignment is available for you in a descriptive way for better understanding about the study of financial accounting. Financial accounting is a specialized branch of accounting that keeps track of a company’s financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet.