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How you differentiate by role in Accounts Manager VS Finance Manager ?

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Question added by Khaliq Raza MBA MS CFE AFA , Finance Manager , Vertex Trading
Date Posted: 2017/07/22
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

_ They always  work closely togther to ensure a firm~s  financial records are prperly

-Finance manager should take financial designs in the company,An accounts

 

manager always look for the proper accounting for these designs

- IN general financial manager  has more management responsibilities gained through work experience

Khateeb Hussain
by Khateeb Hussain , Senior Branch Accountant , Medicas International

The role of financial manager basically is to manage the activities of finance department and he is responsible for the performance of his department and, the role of finance department in any business is to do capital budgeting, design of capital structure and working capital management and there are so many detailed theories and studies about the role of finance department.

The role of accounting manager basically is to manage the activities of accounting department and he is responsible for his department and, the role of accounting department in a business is to is to keep record and account for every economic activity or transactions in proper way as described in the related IASs, IFRSs and national legislation.

(the above noted differences are basic but not limited to differentiate the role of accounting and finance manager, there are many other ways in which their roles are different but they two always works closely and financial reporting includes the heavy contribuition of both and accounting includes financial information)

Favaz Moidheen Moidheen
by Favaz Moidheen Moidheen , ACCOUNTANT GENERAL , AL MOSTAJED TECHNOLOGIES CO LLC

Retention payable treat as Lability

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