for the last two years you have been working as a financial accountant for Bouncy Enterprise Ltd, which makes play stations for children. you are the only qualified accountant employed. Since the firm was established four years ago, the business has expanded and you are now beginning to find the pressure of work too much. it occurs to you that it would be a good idea to recruit an assistant to take on the management accounting responsibilities.

prepare notes for a meeting with the managing director of Bouncy Enterprises to discuss your personal . the main points you should address are :

1- the difference between financial and management accounting .

2- the sort of work the management accounting would do .

* note : the answer should 500 words