Bookkeeping is the process of recording and maintaining the financial transactions of a business. It involves the day-to-day recording of financial data to keep a detailed and accurate record of all business transactions.

Taxes are financial charges imposed by governments on individuals, businesses, and other entities to fund public services and infrastructure. They are a primary source of revenue for governments and play a crucial role in economic policy and resource allocation.

Finance is a broad field that involves the management, creation, and study of money, investments, and other financial instruments. It encompasses various activities related to the acquisition, use, and management of financial resources and assets. Finance is integral to both personal and organizational decision-making, helping individuals and businesses manage their resources efficiently to achieve their financial goals.

Audit is a systematic and independent examination of financial statements, records, and related operations of an organization to ensure accuracy, compliance with regulations, and the effectiveness of internal controls. Audits are conducted to provide stakeholders with assurance that financial information is reliable and that the organization is adhering to legal and regulatory requirements.