Kế toán tài chính
Define Financial accounting data is
Purpose
Information users
Information characteristics
Principles of presentation and
provision of information
Kế toán quản trị
offer all economic information
used to give external parties,
including investors, banks, tax
authorities, financial agencies,
and statistics agencies, in
addition to being utilized for
business management and as
needed by law. In other words,
financial accounting reflects the
physical and cash flows in the
relationship between the
enterprise and the enterprise
external economic
environment. Financial
accounting is accounting that
reflects the current status and
fluctuations in capital and
assets of an enterprise in a
general form. Financial
statements are the end result of
financial accounting.
Information that will be used to
prepare financial statements
Business executives and outside
parties (Investors, banks, tax
authorities, financial
authorities, statistical
agencies...).
Financial accounting
information, which must be
objective and verifiable, is
performance data gathered
from the original accounting
records concerning transactions
that have developed and taken
place. Only information with a
value is tracked.
Financial accounting must
provide consistency in
that has been measured,
analyzed, and sent to the
corporate leadership to control
production activities, even if it is
not required by law. Business
production, or management
accounting in other words,
assists business leaders in
considering and deciding on one
of the most economically
efficient options: what products
to produce, how to produce
them, how to produce them at
what cost, how to use resources
effectively, and how to develop
production capabilities. Both
short-term and long-term
decisions can be made in this
situation.
Supplying data to aid in the
management of manufacturing
and commercial operations.
Business managers (business
owners, board of directors,
board of directors, department
heads...)
Because a manager's primary
responsibility is to select a plan
or strategy for an event or a
process that has not yet
occurred, management
accounting information is
mostly future-oriented.
Management accounting
information is used to assess
and create business strategies
since it pays less regard to
accuracy and instead reflects
the pattern of fluctuations and
forecasts. Track in the form of
kind and value.
Managers are allowed to
choose and make adjustments
 accordance with accounting in line with the demands and
principles and standards management potential of the
because it has a legal aspect organization; management
and must adhere to universally accounting is not required.
accepted and used accounting
concepts. Certain accounting
must adhere to the
requirements of current law,
particularly the requirements of
financial management and the
requirements of society through
the publication of mandatory
data, in order for everyone to
understand accounting
information, especially financial
statements and financial
accounting.
scope of information

The scope of management accounting information relates to each relevant person's management of
each department (workshop, department).

The management of finances on an enterprise-wide scale is covered by the information scope of

financial accounting.

reporting period

More reporting records are available to management accountants: year, quarter, month, week, and day.

Monthly, quarterly, and annual reporting cycles are used in financial accounting.

relations with other sciences

Management accountants must combine and use the content of many other scientific fields, such as:
Economics, economic statistics, organization and management of enterprises, and investment
management to synthesize, analyze, and process information because management accounting
information is provided to serve the management function in addition to relying on the original
recording system of financial accounting.

There are few connections between financial accounting and other sciences.

statutory mandatory

Accounting for management is not required.

Statutory Compulsory Financial Accounting: Statutory Compulsory Financial Accounting states that all
organizations must have consistent financial accounting statements that are truthful or Reports that are
improperly documented in the accounting system won't be approved (refer to the newly issued
accounting law).

C2
- Increasing daily recording volume, putting pressure on accountants. However, this disadvantage is
overcome when enterprises computerize accounting work.

+ Accounting work is accumulated at the end of the period.

+ Irregular inspection work in the situation of inventory import and export is continuous, which will limit
the inspection function of accountants in management.

+ It is difficult to detect errors if the actual inventory of goods entering the warehouse does not coincide
with the accounting records.