Compare and contrast the role of a financial manager with the role of an accountant
Date Submitted: 09/10/2006 01:30:27
Category: / Business & Economy / Accounting
Length: 2 pages (495 words)
Category: / Business & Economy / Accounting
Length: 2 pages (495 words)
THE FINANCIAL MANAGER AND THE ACCOUNTANT<Tab/>
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Doing business in today's economy is a very challenging endeavor where one needs to balance various aspects of the business not all being profit related such as good citizenship and being environmental friendly with others that are profit related and subject to a fierce competition from a multitude of global players having various geographical competitive advantages.
In this context, …
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…activities.
CONCLUSION
While accounting is mostly concern with what an organization's financial situation is, the financial management's concern is mostly directed with what the organization can achieve under these financial circumstances and others that are not necessarily financial related.
REFERENCES
Brealey R. A. & Marcus A. J. (2001). Fundamentals of Corporate Finance. Third Edition. Boston: Irwing McGraw-Hill.
Marshall, D., McManus, W. & Viele, D. (2004). Accounting: What the Numbers Mean, Sixth Edition. Boston: Irwing McGraw-Hill.
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