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Topic: Technology
Number of pages / Number of words: 4 / 1057
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FA is concerned with stewardship over the company as a whole, MA and CA is concerned with stewardship over its parts, and this concern extends to the last person in the organization who has any responsibility over cost. (Reference 7)

Above, I have shown the similarities among of these 3. therefore the relationship of these 3 I think we can see clearly...


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therefore the relationship of these 3 I think we can see clearly.

2. ?°Financial Accounting looks behind, whilst Management Accounting looks ahead?± . Do you agree with this statement? Discuss.

There is no doubt that financial accounting and management accounting are related. They are both concern with the company??s financial issues and in effect, from a responsibility accounting point of view, financial accounting can be viewed as being the apex, with managerial accounting filling in the bulk of the pyramid underneath...


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