Differences between Managerial and Financial Accounting

Differences between Managerial and Financial Accounting

 

Our focus over the next fifteen weeks will be on managerial accounting. However, there is also financial accounting.

For your discussion board post in week one I would like you to discuss the difference between financial and managerial accounting. Are there any regulations/rules that need to be followed under either method. If so what are they?

REQUIRED READINGS

Please read from Managerial Accounting: Creating Value in a Dynamic Business Environment

Chapter 1 pages 1-27

Chapter 2 pages 34-61

Chapter 1 Powerpoint:

Hilton_11e_Chap001_PPT.ppt

 

Answer Preview…………..

There are various branches of accounting. These include financial accounting, taxation, auditing, and Managerial accounting, among others. All these branches of accounting enhance both the internal and the external operations in an Organization. This paper seeks to analyze the differences between the two major branches, which are financial and managerial accounting. Also, the paper will explore the regulations and rules that need to be followed in the two methods of accounting.There are various branches of accounting. These include financial accounting, taxation, auditing, and Managerial accounting, among others. All these branches of accounting enhance both the internal and the external operations in an Organization. This paper seeks to analyze the differences between the two major branches, which are financial and managerial accounting. Also, the paper will explore the regulations and rules that need to be followed in the two methods of accounting.There are various branches of accounting. These include financial accounting, taxation, auditing, and Managerial accounting, among others. All these branches of accounting enhance both the internal and the external operations in an Organization. This paper seeks to analyze the differences between the two major branches, which are financial and managerial accounting. Also, the paper will explore the regulations and rules that need to be followed in the two methods of accounting.There are various branches of accounting. These include financial accounting, taxation, auditing, and Managerial accounting, among others. All these branches of accounting enhance both the internal and the external operations in an Organization. This paper seeks to analyze the differences between the two major branches, which are financial and managerial accounting. Also, the paper will explore the regulations and rules that need to be followed in the two methods of accounting.There are various branches of accounting. These include financial accounting, taxation, auditing, and Managerial accounting, among others. All these branches of accounting enhance both the internal and the external operations in an Organization. This paper seeks to analyze the differences between the two major branches, which are financial and managerial accounting. Also, the paper will explore the regulations and rules that need to be followed in the two methods of accounting…………………………………………………….

APA 516 words

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