financial accounting

financial accounting

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i need details about financial accounting?
Samuel Audu

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By AnonymousUser
19th Jan 2004 06:55

I know why questions are now phrased like that ......
.....they are designed to test our intellectual capacity not to answer their classroom assignments.

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By tom123
15th Jan 2004 15:03

I know the questions are getting more and more vague
but this one is just too wide open to be useful, but anyway

Financial accounting generally consists of accounts prepared for statutory purposes such as company reports or taxation.

Management accounts are prepared for the use of staff within the organisation, and will ideally contain more than just historical numbers.

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