Topic: Difference between Financial and Managerial Accounting
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What is the difference between financial accounting and manageria...
Managerial accounting is for internal users (those directly involved in managing and operating and organization), while financial accounting is for external users (those indirectly involved in running an organization). Answer 2: Management ... Read More »
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What is the difference between managerial accounting and financia...
management accounting is a mechanism for using financial resources as a normalizing mechanism for making decisions about different choice and alternatives. In other words it helps the management to do the right thing, whereas financial acco... Read More »
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What is the difference between financial and managerial accountin...
Managerial is aimed at helping managers within the organization make decisions.Financial is aimed at providing information to MORE Read More »
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Difference between Financial and Managerial Accounting
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Managerial accounting is information used by internal users (ex: managers and owners) while finanicial accounting is information used by external users (ex: stockholders, governtment, banks). Source(s): 10th Grade: Accounting 1
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Source: http://answers.yahoo.com/question/index?qid=20080924151459AAoHA9V
One is just as important as the other. All jobs are important, otherwise the one of 'lesser importance' wouldn't exist. This goes with all jobs: in the restaurant industry, a cook is just as important as a busboy; in the retail business, a ...
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Financial accounting describes tha financial standing of an organization or business entities. It tells how well a business or an organization is doing. It is presented through financial statements- the balance sheet where you can find the ...
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Financial accounting is concerned with the presentation, use and analysis of historic (past) transactions whereas Mangerial accounting is concerned with decision making by the use of future relevant transactions and use of standard informat...
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The key difference between managerial and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing informatio...
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they are boy friend and girlfriend in business.. they cannot function without the other
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