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DISCUSSION ONE MANAGERIAL ACCOUNTING FOR PROF ELIUD P ONLY
This is the reference book for this class:
Wild, J. & Shaw, K., (n. d., 2014), Managerial Accounting, 4th edition
This assignment has 4 parts:
The focus of this course is managerial accounting which differs from financial accounting. Understanding the differences will give you a better understanding of the relevance of the material you will be learning. Discuss the following:
- Who are the users of financial and managerial accounting?
- What constraints are there within financial and managerial accounting reporting?
- When financial and managerial accounting reports are completed, what is the focus of the information?
- How timely is the information that is compiled with financial and managerial accounting?