what is the difference between financial management and management accounting?
2 Replies
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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