in simple terms consider financial position as what is your balance sheet i.e your assets and liabilities
financial performance your profit and loss account i.e all you income derived and expenses incurred in a given time.
the above are not exact definitions, they are just explanations
Financial accounting is used to present the performance and financial statements to third parties while management accounting is used for company's internal working purpose.
The IPSAS formats are the required schedules under the International Public Sector Accounting Standards. These include: Statement of Financial Position Statement of Financial Performance Cash Flow Statement Statement of Changes in Equity
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
relationship between financial and non-financial performance indicators in achieving corporate governance compliance.
what is the difference between technical and financial proposal
Prime role of cost accounting is to calculate the cost per unit of product produce while financial accounting deals with financial reporting of company's performance.
Are there any difference between financial Management analyst and financial analyst? Series or job PD.
There is no difference. For instance, I am technically both
What is the similarity between financial managment and strategic financial managment
there is no difference between high pressure and performance chromatography
Financial Statement: Financial statement is a instrument used to present a companies financial position. Financial statement complies with balance sheet, cash flow and funds flow statements. Final accounts is the final stage of preparation of financial statement
test