Saturday, 13 August 2011

What is the difference between a financial accountant and a management accountant?

Question by lagunaloire39: What is the difference between a financial accountant and a management accountant?
ie, the difference between financial accounts and management accounts?


Answer
Answer by crzyaltegofinancial accounts report outside the organization usually to the government for tax purposes

management accounts are reported internally in an organization usually they are financial reports that show how the business is doing according to their accounts and assets

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