Its clear from the above conversation that financial accounting focuses on reporting to outsiders while managerial accounting focuses on reporting to inside users.

1. Explain in detail the role and functions of a Management Accountant in an organization (12 marks)

2. Discuss specific characteristic differences we would expect to see in managerial accounting information as opposed to financial accounting information. (8 marks)

Assignment format

• Presentation: The assignment should be well presented, well typed with an introduction and a conclusion including page numbers
• Word limit: Your assignment must not exceed 3,000 words.
• Text: All text must be justified at the margin.
• References: At least 5 sources of references must be included.

  Its clear from the above conversation that financial accounting focuses on reporting to outsiders while managerial accounting focuses on reporting to inside users.

• Explain in detail the role and functions of a Management Accountant in an organization (12 marks)
• Discuss specific characteristic differences we would expect to see in managerial accounting information as opposed to financial accounting information. (8 marks)

• Assignment format

• Presentation: The assignment should be well presented, well typed with an introduction and a conclusion including page numbers
• Word limit: Your assignment must not exceed 3,000 words.
• Text: All text must be justified at the margin.
• References: At least 5 sources of references must be included.