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QUESTION

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?
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