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accounting Archives - MAS

Understanding the Difference: Financial Accounting vs Managerial Accounting

Introduction Accountancy is predominantly divided into two branches covering Financial Accounting and Managerial Accounting. From Budget forecasting to its actual footprints on an organisation’s financial statements, an accountant’s role is spread on a wide spectrum of performance analytics. The parameters of accounting extend beyond the use of financial data as non financial factors are crucially...

Outsourcing Finance and Accounting Services: Benefits to keep in mind

Outsourcing Finance & Accounting Services means outsourcing one of the most crucial parts of your business. So, should a company outsource its significant functions by trusting external resources? Outsourcing refers to the process of hiring individuals or agencies to support you with various services and business operations. It may include IT & Technology, Administrative, Ecommerce,...