After reading the required background resources for this Module, compare and contrast financial accounting and managerial accounting. What are the purposes and the critical functions of each? Explain

After reading the required background resources for this Module, compare and contrast financial accounting and managerial accounting. What are the purposes and the critical functions of each? Explain your answer in a 200-word summary, using peer-reviewed sources to support your explanations.

Your posts will be graded on how well they meet the Discussion Requirements posted in the “Before You Begin” section”. Please review this section, as well as the discussion scoring rubric.