Dual Relation of Financial and Management Accounting[Duální vztah finančního a manažerského účetnictví]

The article analyses substance, causes, consequences and concrete phenomena of so called dual concept of management and financial accounting. It elaborates especially contentual differences of both accounting subsystems that are demonstrated by different determination and valuation of fixed assets, outputs of companies´ activities, leasing transactions and usage of value and economic cost concepts; however, causes and demonstrations of structural differentiations of balance-sheet, profit and loss statement and cash flow statement are the subject of comparable analysis. The end of article is devoted to developmental tendencies that support the dual concept intermediately: to recent requirements to stress user orientation of accounting information, to management accounting possibilities to use it as an information tool of strategic management and to short its time reaction in the process of rendering the information for tactical and operational management.