Financial accounting gathers and summarizes financial data, primary objective of financial accounting is the preparation of financial statements – including the balance sheet, income statement and cash flow statement.
We can assist in the preparation of Financial Accounts, namely:
Note: The main difference between Management Accounting and Financial Accounting is that management accounts are primarily for assisting owners & managers make decisions about their business whereas financial accounting is for providing information to parties outside the organisation like IRD, Banks etc.
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