WebMar 14, 2024 · Managerial accounting (also known as cost accounting or management accounting) is a branch of accounting that is concerned with the identification, measurement, analysis, and interpretation of accounting information so that it can be used to help managers make informed operational decisions. WebFinancial accounting is the process of recording, summarizing, and reporting financial transactions of a business to provide an accurate picture of its financial position. …
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What does financial accounting focus on? - Investopedia
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