Financial Management vs Management accounting?



Financial Management vs Management accounting?..

Answer / pradeep banduni

Financial a/cing is the accounting of recording classifing
of transaction of past,with the aim of prepration of
financial statement which includes Profit & loss a/c &
Balance sheet.
Management a/cing is the tool used by management for taking
decison for the management with the help of financial data
recorded for the upliftment of the org. like ratios.

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