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Managerial accounting is different to financial accounting because it is the one called cost accounting. It is the process in which it is needed to identify, measure, analyze, interpret and communicate with information to pursue the goals of an organization.
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What are the purpose of management accountong?
The purpose of management or managerial accounting is to obtain financial information to help make business decisions. Another type of accounting is financial accounting.
What is the difference between corporate finance and managerial finance?
Corp. finance has to stick to strict accounting procedures and is used by people outside the company (such as the SEC) as well as inside the company. Managerial Finance is for managers and insiders of the company to use, and does not have standard accounting practices.
Why can’t the president find information for each product line (hats and jerseys) in the financial statements Who within the company typically provides this type of information?
Financial statements would now detail information on hats and jerseys but Managerial accounting information does. Managerial accounting would focus on making future projections for segments of a company. A CEO would be able to find more details about product profitability. These reports would come from a managerial accountant in the company.
Flexibility of practice when applied to managerial accounting means that?
1 Difinition of flexible employment and different types of flexiblity2 Reasons for it to be considered a vital factor in todays competitive environment
What is financial and managerial problems?
= "What is financial and managerial problems?" =
A basic difference between managerial accounting and financial accounting is that managerial accounting?
One basic difference between managerial accounting and financial accounting is that managerial accounting is used internally instead of externally for investors. Managers use managerial accounting to determine what level of output is appropriate for their departments.
Role of managerial accounting?
Managerial accounting play a vital role in managers life,Life is veyi easy due to managerial accounting
What is the effect of current technology in managerial accounting?
Reduction of reporting costs of managerial accounting information
Managerial accounting places considerable weight on?
Managerial accounting places emphasis on how the numbers actually affect the organization. In managerial accounting, managers want to know what is important to decision making.
Managerial accounting is what type of accounting?
Managerial accounting is a type of accounting which is concerned with providing information to managers that is, people inside an organization who direct and control its operation.
Role of cost accounting in managerial decision making?
Role of cost accounting in managerial decision making?"
What has the author Dale Morse written?
Dale Morse has written: 'Managerial accounting' -- subject(s): Managerial accounting
What has the author Stacey Whitecotton written?
Stacey Whitecotton has written: 'Managerial accounting' -- subject(s): Managerial accounting
What has the author John J Wild written?
John J. Wild has written: 'Working Papers for use with Financial Accounting' 'Financial and managerial accounting' -- subject(s): Accounting, Managerial accounting 'Managerial accounting' -- subject(s): Managerial accounting 'REVISED FAP Vol 1 18e MP Softcover w/Working Papers' 'College accounting' -- subject(s): Accounting 'Carol Yacht's General Ledger and Peachtree Complete 2007 to accompany Financial Accounting 4e' 'International business: An integrated approach' 'McGraw-Hill's Homework Manager User's Guide and Access Code to accompany Financial Accounting' 'Excel Working Papers to accompany Financial Accounting' 'Financial and Managerial Accounting' -- subject(s): Accounting, Managerial accounting 'McGraw-Hill's Homework Manager Access Card to accompany Managerial Accounting' 'Financial accounting fundamentals' -- subject(s): Accounting 'Study Guide to accompany Financial Accounting'
Differentiate public accounting from managerial accounting?
In public accounting you take a different board exam (CPA board exam in Philippines). In Managerial accounting (which is i am into) you don't get to study auditing, which CPA's does.
What has the author William L Ferrara written?
William L. Ferrara has written: 'Management Accounting Computer Casework' 'Managerial cost accounting' -- subject(s): Cost accounting, Managerial accounting
What has the author S Winton Korn written?
S. Winton Korn has written: 'Managerial accounting' -- subject(s): Managerial accounting
