Is Managerial accounting harder than financial?
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Answer:
ʜɪ ʙᴜᴅᴅʏ
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ᴍᴀɴᴀɢᴇᴍᴇɴᴛ ᴀᴄᴏᴜɴᴛɪɴɢ ɪꜱ ꜰᴀʀ ᴇᴀꜱɪᴀʀ ʙᴄᴏᴢ ɪᴛ ᴅᴏꜱᴇɴᴛ ᴜꜱᴜᴀʟʟʏ ᴜꜱᴇ ᴅᴇʙɪᴛꜱ ᴀɴᴅ ᴄʀᴇᴅɪᴛꜱ ,ᴏʀ
ᴊᴏᴜʀɴᴀʟ ᴇɴᴛɪʀᴇꜱ.ɪᴛꜱ ᴍᴏꜱᴛʟʏ ᴊᴜꜱᴛ ꜰᴏʀᴇᴄᴀꜱᴛɪɴɢ .
ɪᴛ ɪꜱ ꜰᴏʀ ɪɴᴛᴇʀɴᴀʟ ᴜꜱᴇ ᴏɴʟʏ ᴀɴᴅ ɪᴛ ɪꜱ ɴᴏᴛ ʀᴇᴘᴏʀᴛᴇᴅ ʟɪᴋᴇ ʀᴇɢᴜʟᴀʀ ꜰɪɴᴀɴᴄɪᴀʟ ꜱᴛᴀᴛᴇᴍᴇɴᴛ
ᴘʀᴇᴘᴀʀᴇ ᴡɪᴛʜ ꜰɪɴᴀɴᴄɪᴀʟ ᴀᴄᴄᴏᴜɴᴛɪɴɢ ᴍᴇᴛʜᴏᴅʟᴏɢʏ ᴀʀᴇ..
Explanation:
ɦσρε เƭร ɦεℓρ µ
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Answered by
8
Answer:
Management accounting (managerial) is far easier because it doesn't usually use debits and credits, or journal entries. It's mostly just budgeting/forecasting. It's for internal use only and is not reported like regular financial statements prepared with financial accounting methodology are.
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