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What is Management Accounting Essentials about?

This document discusses the key differences between management accounting and financial accounting. Management accounting focuses on estimating future costs and revenues to forecast activities, provides internal information to managers, and reports information that is estimated and useful for planning. Financial accounting focuses on preparing budgets for the future, must comply with GAAP, provides detailed segment information, and is used by department heads. Management accounting information is better des

Author

Rhey Semblante

Language

EN