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Class, describe the differences between financial and managerial accounting. Focus your post on the different type...

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Accounting

Class, describe the differences between financial and managerialaccounting. Focus your post on the different type of users and howthe information is used.

For this and all other Discussion questions, post an initialresponse (at least 200 words)

Answer & Explanation Solved by verified expert
3.9 Ratings (428 Votes)
Solution Financial accounting and managerial accounting is both the branches of accounting and are the important tool of the business Financial accounting is used to present the financial position of the business to its external stakeholders It presents the specific period of time in the past and    See Answer
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Class, describe the differences between financial and managerialaccounting. Focus your post on the different type of users and howthe information is used.For this and all other Discussion questions, post an initialresponse (at least 200 words)

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