1
Q
What is Management Accounting?
A
2
Q
3 differences between management accounting and financial accounting?
A
- Management accounts are not regulated by external parties; e.f IASB
- Management accounts are usually made at a much quicker rate than financial accounts
- Management accounts are for internal use only - it can be used to help future decision making and planning
3
Q
A
Introduction to Accounting
flashcards
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