As part of the accounting release

They are not separate species accounting, and are regarded as interrelated subsystems integrated accounting system. We define the term "financial accounting" and "Managerial Accounting". Financial accounting - a set of rules and procedures for the preparation and transmission of financial position, financial performance and cash flows of the Bank in accordance with the applicable legislation to meet the needs of internal and external users to make economic decisions. Management accounting - a set of rules and procedures for the preparation and submission of information on the activities of the bank to meet the needs of the bank's management and its managers in making management decisions in accordance with the requirements of internal legal documents of the bank. Common features of these types of accounting are: firstly, the total single base primary account, which includes the primary accounting records and registers of analytical accounting, and secondly, the construction method of accounting for the duality, ie double reflection of economic facts and processes, and, third, management accounting technology is based on accounting data on revenues and expenditures from banking activities, which are for a reference point (baseline). Introduction to management accounting can deepen and refine the data on expenditures and revenues of the bank associated with the implementation of certain services or banking products, to assess the contribution of the individual worker or group of employees in the total financial result of the bank. Topic: The role of accounting in the management of the bank, its types and destination