TABLE OF CONTENTS Title page: 1 2 3 Table of contents:

Brief introduction to this documents: CHAPTER ONE: SYSTEM 1.1 1.2 1.3 1.4 1.5 1.6 Introduction Who needs them? -

INTRODUCTION OF ACCOUNTING INFORMATION 4 4 4 5 6 7

What is an Accounting Information system? The advantages of these Systems The disadvantages of these Systems Any difference of these Systems

CHAPTER TWO: SYSTEMS IMPACT IN DIFFERENCE ORGANIZATIONS 2.1 2.2 2.3 2.4 Introduction 8 8 9 11 The Role of the Financial and Management Accounting in the Profit and non-for Profit Organizations and different What kinds of the jobs of financial and management accounting are connected The jobs of Financial Accounting and Management Accounting in the Profit or Non-profit Company

CHAPTER THREE: CONCLUSION 3.1 3.2 3.3 Introduction Conclusion 14 14 15 Example of the Organization whether uses both of the system? -

REFERENCES Appendices I 16

BRIEF INTRODUCTION: This document gives even professional person or non professional person in the area of accounting to understand the important of Financial Accounting and Management Accounting in the difference organizations for those large or small, public or private, profit or not-for profit. Financial Accounting and Management Accounting link those together and complement each other for Management decision making or provide information to interested parties in the Enterprise regarding to these two accounting information. Our case shows the interrelationships between strategic management and (1) management accounting and (2) financial accounting. (Ruhl, J.M. and Kreuze, J.G., 1997, pp. 435-456) These two accounting information can assist the Management to operations, control, handle and management the Enterprise even they are not in the office frequency or they dont need to data entry by themselves or they dont need to keep an eye on the record everyday for decision making. The fields of management accounting and financial management are no different. (Drews-Bryan, A. and Luoma, G., 1997, pp.12-16) The Management can easily collect the information from these two accounting information for ensure the future economic benefit or going concern for the Enterprise. However, there is some limitation on these two accounting. For these limitations please go to see the following chapter in this document.