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state the differences between financial accounting and
management accounting
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Answer / siju
financial accounting is to find the financial position of
the organisation to their internal mgt,where as mangement
account is the thypical presention of magt date to the
outside world..
| Is This Answer Correct ? | 10 Yes | 6 No |
Answer / kushagra rai
financial accounting in which the account are
systematically arrange , classifing , summerising and
analysing the account .
In management accounting in which the account are managed
and it help us to taking a decision in the business
world .Management Accounting is science and art.
| Is This Answer Correct ? | 7 Yes | 4 No |
Answer / thenraj
As u read earlier answer where they said financial
accounts - used to know financial (monetary) status of the
business.
whereas management accounts purely concentrate on
managerial activities like marketing, hr, innovative
thoughts, decision making capability etc.,
| Is This Answer Correct ? | 4 Yes | 4 No |
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