119,187 views
11 votes
11 votes
Why is financial accounting regulated whereas management accounting is not?

User Rafaecheve
by
2.9k points

1 Answer

19 votes
19 votes

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.

Step-by-step explanation:

Your welcome!

User Amitabh Sarkar
by
3.1k points