Why is financial accounting regulated whereas management accounting is not?

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asked Oct 26, 2023 112k views

1 Answer

Stemie · Answer 1 · 2023-10-31T00:39:07+0000

Answer:

Managerial accounting differs from financial accounting because the intended purpose of managerial accounting is to assist users internal to the company in making well-informed business decisions.

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Why is financial accounting regulated whereas management accounting is not?

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