What is the difference between financial accounting and management accounting quizlet?

Recommended textbook solutions

Fundamentals of Financial Management, Concise Edition

10th EditionEugene F. Brigham, Joel Houston

777 solutions

Intermediate Accounting

14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

1,471 solutions

Fundamental Financial Accounting Concepts

9th EditionChristopher Edmonds, Frances M McNair, Philip R. Olds, Thomas P. Edmonds

1,965 solutions

Cornerstones of Managerial Accounting

6th EditionDan L Heitger, Don R. Hansen, Maryanne M. Mowen

716 solutions

Recommended textbook solutions

Century 21 Accounting: General Journal

11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman

1,009 solutions

Financial Accounting

4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas

1,097 solutions

Fundamentals of Financial Management, Concise Edition

10th EditionEugene F. Brigham, Joel Houston

777 solutions

Financial Accounting

11th EditionCharles T. Horngren, C William Thomas, Walter T. Harrison Jr., Wendy M Tietz

1,039 solutions

Recommended textbook solutions

Fundamentals of Financial Management, Concise Edition

10th EditionEugene F. Brigham, Joel Houston

777 solutions

Intermediate Accounting

14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

1,471 solutions

Financial Accounting

4th EditionDon Herrmann, J. David Spiceland, Wayne Thomas

1,097 solutions

Accounting

23rd EditionCarl S Warren, James M Reeve, Jonathan E. Duchac

2,210 solutions

Recommended textbook solutions

Fundamentals of Financial Management, Concise Edition

10th EditionEugene F. Brigham, Joel Houston

777 solutions

Century 21 Accounting: General Journal

11th EditionClaudia Bienias Gilbertson, Debra Gentene, Mark W Lehman

1,009 solutions

Intermediate Accounting

14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

1,471 solutions

Accounting: What the Numbers Mean

9th EditionDaniel F Viele, David H Marshall, Wayne W McManus

338 solutions

What is the difference between financial accounting and management accounting?

Financial accounting produces information that is used by external parties, such as shareholders and lenders. Managerial accounting produces information that is used within an organization, by managers and employees. Optional? It is legally required to prepare financial accounting reports and share them with investors.

What is the main difference between management accounting and financial accounting quizlet?

Segments of an organization: Financial accounting is concerned with companywide reports. Managerial accounting focuses on the segment reports. Examples of segments include: product lines, sales territories, divisions, departments, etc.. You just studied 50 terms!

Chủ đề