Know the Difference with Assistance of Financial Management vs. Financial Accounting Homework Help
Financial management discusses managing the funds in such a way that it accomplishes the objectives of the organisation. It is directly connected to the top management. It deals with investment, dividend as well as financing policies.
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What is Financial Accounting?
Financial accounting is used by those who are outside the organisation. Those who want to invest in the firm can go through the financial reports of the firm. The financial statements are distributed to stakeholders like lenders, analysts and others outside the company.
What is the difference between Financial Management and Financial Accounting?
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What is the importance of Financial Management?
The significance of financial management is not limited to the managers who take the decisions. It is extended to help firms in supplying better product and service to its customers at a reasonable price, offering higher returns.
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What is the importance of Financial Accounting?
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