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    Similarities and Differences between Financial and Managerial Accounting

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    What are some similarities and differences between financial and managerial accounting? Please provide examples.

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    Similarities/Differences between Financial & Managerial Accounting

    The first thing to consider when discussing financial and managerial accounting is for who the reports are generated. The financial reports are generally for external parties - shareholders, creditors, general public, etc., whereas managerial accounting generates reports that are used ...

    Solution Summary

    Brief summary of the similarities and differences between financial and managerial accounting