In: Accounting
Students should define the areas of financial and managerial
accounting as well as identify the differences...
Students should define the areas of financial and managerial
accounting as well as identify the differences between the two
areas of accounting. The paper should address the following
differences between the two areas of accounting:
- What is the emphasis of each accounting area and why (i.e.
historical data, future)?
- Describe the types of reports found in each area.
- What are the certifications an accountant can obtain in the
areas?
- What are the current trends in managerial accounting?
Provide references.