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Describe the differences between managerial and financial accounting. Describe the differences as they relate to the users of the information, the purpose of the information,
Describe the differences between managerial and financial accounting. Describe the differences as they relate to the users of the information, the purpose of the information, and the time frame (past or present). Additionally, discuss whether financial and managerial follow the same rules (GAAP) and how the scope of the information can be different?
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Managerial accounting and financial accounting are two distinct branches of accounting that serve different purposes and cater to different users Here are the differences between the two Users of Info...
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
