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QUESTION

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 (pastD

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

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.

Please make it in 3 paragraph at least.

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********* vs ********** AccountingFinancial ********** *** ** described as *** field ** ********** which ******* ** analysis and ******* ** *** the ********* ******* ** ************ within * ******** ********** ********** on *** ***** **** ** the utilisation ** ********** of ********** *** ******* ******** making ** ******** *** ************** ********* ********** ******* are ******** ******* ** ******* relevant *********** ** shareholders ******* *** ********* ***** *********** ** used by both ******** *** ******** ************ ** ****** *** ************* and *********** ***** ** *** organisation ******* *********** **** managerial ********** ** only accessible ** mangers ** * business ** ************ Managers use **** *********** ** ******* ******************* financial *********** ** ********* ********** managerial accounting ******* *** ******* ******* **** ***** that *********** from financial ********** ** ***** on **** ********* ********** ********** accounting *********** ** ******** to improve *** ******* of ******** offered by ** ************ ******** *** **** *********** to ****** ****** flaws ****** *** ************ ********* ********* *********** ** exclusively case-based *** ********** ********** ** *********** ********* ********* reports ******* ** past ****** *** ***** ******* ********** ********** *********** ******* ** *** ************ as * wholeFinancial ********** *** ** ***** ****** **** the ********* Accepted Accounting ********** ***** ******* ********** *** ******** ********** ******* *** reporting of ********* ********** *********** are ******* to strictly ****** ** local *** ************* accounting ********* ********** accounting ** *** other **** do *** **** to necessarily ****** **** *** *** ** ********** ********* ** ****** (2011) **** ******** formulated methodology management accounting information may be obtained from ** ************ *********** **** ********* accounting is ** ********* ** ******* ********* ** accounting ***** ********** ********** *********** ** ** reference ** ********* objectives and *********************** ********************** Accountants in Business ********* ****** ********** *** ********* ******* in ************* ************** **** Practice ********* ************* ********** ** Accountants * ******** BD; *** *** ***** Anton ****** "Management Accounting - ********** ********** and Management ********** **** ********** New York: Thomas ******* *** ***** ************* ******** (2011) ************ ** ********* ********** ***** Robert ***** ******** * (3rd ed *** ******* McGraw-Hill *****

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