Is there a difference between financial management and accounting? Please, thank you

Accounting is to measure and report economic business, financial management is based on accounting, emphasizing the management of funds in operation in the workplace, accounting is the foundation, no accounting how to manage, financial management is to strengthen the management of accounting work.

Accounting: It refers to the work of continuously reflecting, supervising and participating in decision-making of business activities in the form of funds. It is mainly in post-accounting, focusing on "calculation".

To put it bluntly, it is to make accounts, make the company's invoices and other bills into accounting vouchers, and then register them into the accounts, and then prepare statements! Its essence is to calculate the economic business system that has occurred, so that the report user can clearly see the various businesses of the enterprise, the amount of various assets, and the income that has been realized in the current period!

Financial management: refers to the use of management knowledge, skills, and methods to manage the raising, use, and distribution of enterprise funds. Mainly in advance management, emphasis on "reason". In contrast to accounting, it tends to be used before and before the use of funds.

of course, including post-use management! To put it bluntly, learn how to use the company's funds, how to raise the company's funds (when the money is not enough to spend), and after using it, reflect on whether it is reasonable to use it so far.

Financial management is internal accounting, which is an internal account, and the role of this report is to help business managers take correct business decisions and help enterprises develop better. Accounting is external accounting, which is a statement for investors and the tax bureau to see, and is important to attract investment and be responsible to the outside world.

Difference Between Financial Management and Accounting:

1.Different concepts. Finance is the decision-making system for asset purchase, investment, financing, and management under a certain overall goal.

And the currency of accounting is the main unit of measurement, the use of specific methods, the completion of the unit's economic activities, continuous, systematic accounting and supervision, through the identification, measurement, recording and reporting of transactions or events, and providing information about the unit's financial status, operating results and cash flow and other economic management activities.

2.Different features. The basic functions of an accountant are accounting and supervision. The basic functions of finance are decision-making, planning and control, with an emphasis on the organization, use and management of funds.

3.Accounting is the creator of information, and financial management is the user of information.

4.From the perspective of university majors, financial management is either a direction of the accounting major, or it is independent of the accounting major, or it is independent of the finance major.

<> management system is different.

Both administrative and public institutions are under the highest level of management. Such as: ***, provinces, cities, counties and districts at all levels, etc. Most of the enterprises are self-reliant, and there are almost no "competent leaders or superior departments" (except for state-owned enterprises and industry associations).

Accounting regulations are different.

Administrative and public institutions must carry out accounting and financial management in accordance with the "Accounting System for Administrative Units," the "Financial Rules for Administrative Units," the "Accounting Standards for Public Institutions," and the "Financial Rules for Public Institutions." Enterprises must carry out accounting and financial management in accordance with the Accounting Standards for Business Enterprises, the General Principles of Finance for Business Enterprises, the Accounting Standards for Small Enterprises and relevant supplementary provisions.

The accounting method is different.

Most of the administrative and public institutions use the unified financial software system of the financial intranet to do accounts; Enterprises can choose a variety of financial software suitable for their own characteristics, such as: UFIDA, Kingdee, Xunda, Olin Island and Little Bee, etc., or still choose manual bookkeeping.

There are many types of work for financial management personnel, and their professional titles, positions, and working years are also different, so the salary amount of financial management personnel is also different. The salary amount of cashier, bookkeeper, reviewer, accountant, auditor, and financial director is different; The salaries of accountants, assistant accountants, accountants, and certified public accountants are also different, and the salary amounts of those who have been engaged in financial management for one or two years and those who have been engaged in financial management for twenty or thirty years are also different. To sum up, the monthly income of financial managers ranges from 3,000 yuan to 20,000 yuan, which is not much different from the salary level of accountants.

The amount of your salary depends mainly on your job title, job title, and the size of your organization.

Graduates majoring in financial management who have certain professional knowledge and work ability are expected to have good employment prospects in the future. The jobs that can be engaged in by sedan car graduates are: accounting, financial accounting, financial manager, cashier, accounting supervisor, finance manager, auditor, cashier, chief accountant and so on.

If graduates can get certified public accountants, then the future is even more limitless.

Financial accounting, financial management, and management accounting are different areas of accounting in a business, and their differences and connections are as follows:

Differences: 1. Financial accounting mainly focuses on the preparation of financial statements and information disclosure of enterprises, emphasizing the accuracy and reliability of financial information;

2. Financial management focuses on the decision-making of the enterprise's capital raising, utilization and profit distribution, including financial planning, budget, investment, financing, risk management, etc.;

3. Management accounting focuses on the comprehensive analysis and evaluation of the internal business activities of the enterprise, and provides decision-making support for the management of the enterprise, including cost control, performance management, strategic planning, etc.

Connection: 1. All three are important parts of the field of corporate accounting, which need to be carried out in close cooperation;

2. From a business point of view, both financial management and management accounting need to rely on the accounting data of financial accounting to support their decision-making, and feedback the decision-making results through financial accounting statements. At the same time, management accounting can also provide data support for financial accounting, such as cost accounting.

In general, financial accounting, financial management, and management accounting each have different responsibilities and objectives, but there is a synergistic relationship between them to support the business activities of the enterprise.

Here are some financial management considerations:

1. Clarify the company's strategy: financial management needs to closely cooperate with the company's strategy to ensure that the capital investment is consistent with the company's strategic direction.

2. Establish a reasonable financial system and process: Establish a scientific and reasonable financial system and process to ensure accurate records and standardized processes.

3. Cost control for excellence: with the goal of improving the efficiency of the enterprise, various management methods and technologies are adopted to carry out fine management of the cost of all aspects of the enterprise.

4. Risk management: identify, assess, respond to and monitor various risks that enterprises may face.

5. Fund management: optimize the company's existing capital structure as much as possible, plan the financial reserve and use plan, and ensure the company's capital safety and turnover.

7. Establish a good internal control mechanism: ensure the standardized operation of financial management and prevent the occurrence of internal fraud.

8. Timely reporting and analysis: timely financial reporting and analysis to provide necessary information support for the decision-making of the enterprise management.

In short, financial management is an important part of an enterprise, and it is necessary to pay attention to many aspects to ensure the financial health, stability and sustainable development of the enterprise.