Write a four-page paper (including a title and reference page-roughly 500 words if single spaced) that compares/contrasts financial accounting and managerial accounting to include the stakeholders, information provided, types of decisions made and governing principles. Summarize why general managers should have a broad knowledge of accounting principles and financial statements. A minimum of two or more scholarly references should be utilized. It is helpful to outline your paper before submission so that you have a flow to its content. Even short essays can benefit from Subheadings to show the purpose of that particular section.

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HOW FINANCIAL ACCOUNTING DIFFERS FROM MANAGERIAL ACCOUNTING Financial accounting and managerial accounting are two of the four largest branches of the ... View the full answer