Explain the differences between managerial accounting and financial accounting/2022
- Explain the meaning of managerial accounting
- Explain the differences between managerial accounting and financial accounting
- Identify and explain the current focus of managerial accounting
- Describe the role of managerial accountants in an organization
- Explain the importance of ethical behavior for managers and managerial accountants
- Identify three forms of certification available to managerial accountants
- Explain the meaning of cost and how costs are assigned to products and services
- Define the various costs of manufacturing products and providing services as well as the costs of selling and administration
- Prepare income statements for manufacturing and service organizations