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When I envision an accountant I cannot help but see the squirrelly little FBI CPA in "the Untouchables", the one that took down Capone on tax evasion. I see stereotyped, the short, bawling guy with the genius IQ, in glasses, "crunching" numbers in the adding machine. The Financial accountant or CFO is the head of the finance department that runs all the reports, puts all the numbers in, takes care of the assets, liabilities, payroll, and taxes. The managerial accountant goes one step beyond by using the historical data compiled to make decisions for the present and future direction of the company...
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Common topics in this essay:
- An Interface Between Financial Accounting And Cost & Management Accounting And Some Concepts Of Strategic Cost Management
- discuss the role of the financial accounting and managerial accounting functions in organizations
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- Financial And Managerial Accounting
- HOW MANAGERIAL ACCOUNTING ADDS VALUE TO ORGANIZATION
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