what is the difference between financial management and management accounting?
HARIKRISHNAN.P.A (student) (24 Points)
22 January 2010what is the difference between financial management and management accounting?
santhosh
(CA)
(636 Points)
Replied 22 January 2010
Financial Management is simply how will you manage money and money's worth(assets) and earn good return.Topics inculde Corporate Finance,Treasury & Forex,Capital Markets,Risk management
Management Accounting is relating to Decision making and cost control.Topics covered are basically relating to Costing & Cost accounting systems.
santhosh
(CA)
(636 Points)
Replied 22 January 2010
Do not get confused regarding the content looking at subject name "Management Accounting & Financial Analysis".
The institute has perhaps not named the subject Properly or Given Content for name given.
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