In: Accountancy How many types of Financial Accounting are there? How many types of Financial Accounting are there? 1 Answer afaq 97 Questions 67 Answers 3 Best Answers 18 Points View Profile afaq Added an answer on July 18, 2020 at 9:56 pm There are two types of Financial accounting Accrual Basis and Cash Basis Cash basis accounting record only those transaction which is in cash/bank. Accrual Basis accounting records every transaction that occurs in a period of time. 0 Reply Share Share Share on WhatsApp Share on Facebook Share on Twitter Share on LinkedIn Sorry, you do not have a permission to answer to this question.