birtukanbeyene457
Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

differentiate broadly between financial accounting and managerial accounting​

Sagot :

  • Managerial accounting is the practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization's goals.
  • Financial accounting involves recording, summarizing, and reporting the stream of transactions and economic activity resulting from business operations over a period of time to the public or regulators.
  • Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.
Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope this was helpful. Please come back whenever you need more information or answers to your queries. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.