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9:16
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Comparing Financial Accounting and Management Accounting
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Prompt
Relationship with Other Accounting Areas Aspect Financial Accounting Management Accounting Purpose External reporting Internal control and decision-making Time Focus Historical (past data) Future (planning and control) Users External stakeholders Internal managers Format Standardized (IFRS/IAS) Flexible and tailored Output Financial statements Budgets, forecasts, and cost reports Skills for a Financial Accountant • Strong numerical and analytical abilities. • Understanding of accounting standards (IFRS, IAS). • Proficiency in financial software and data analysis tools. • Integrity, accuracy, and ethical judgment. • Ability to interpret and communicate financial information clearly.
Style
Surreal
art, surreal
Characters
Emma
Raj
Ashley
Maya
