Distinguish between managerial and financial accounting Primary Users of Reports Types and frequency of reports (examples) Purpose of...

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Accounting

Distinguish between managerial and financial accounting
Primary Users of Reports
Types and frequency of reports (examples)
Purpose of Reports ( examples)
What is the value chain? example

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In general financial accounting refers to Accounting information into financial statements while managerial accounting refer to internal processes used to account for business transactions There are a number of difference between financial and managerial accounting Which fall into the following categories Aggregation financial accounting reports on the results of entire business Managerial accounting almost always reports at a more detailed level such profit by product product line customer and geographic region Efficiency financial accounting reports on the profitablity of business whereas See Answer

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