Financial and Management Accounting information
...accounting is concerned with determining profits and balance sheet position (Atrill and McLaney, 2003; Berry & Jarvis, 1997; Dyson, 2003; Glynn & Murphy, 1998; Wood & Sangster,2002). Financial accounting information is mainly used for communication to outside parties and to satisfy legal requirements (Atrill & McLaney, 2003; Berry & Jarvis, 1997; Glynn & Murphy, 1998). Management accounting is the process of identifying, recording, classifying, analysing and reporting of all cost aspects of information for management decisions, planning and control, performance evaluation, and even strategic purpose (Berry & Jarvis, 1997; Dyson, 2003; Glynn & Murphy, 1998; Wood & Sangster, 2002). Management... Financial...