ACC 300 Week 4 Team Assignment - Managerial and Financial Accounting Paper

May 1st, 2015
Studypool Tutor
Price: $5 USD

Tutor description

ACC 300 Week 4 Team Assignment - Managerial and Financial Accounting Paper

Word Count: 1007
Showing Page: 1/6
Running head: MANAGERIAL AND FINANCIAL ACCOUNTING PAPERManagerial and Financial Accounting PaperYOUR NAME(S)ACC/300 DATENAME OF PROFESSORManagerial and Financial Accounting PaperFinancial statements furnish financial statistics of a business operations or condition to a variety of users. Having an understanding what type of information is on which type of report is helpful when considering a report to review. This report will specifically deal with two such financial statements, managerial and financial accounting reports. Furthermore, the report will dissect the type of information they generate, who can use the generated data, and how can the information be used to towards business decisions. Managerial AccountingManagerial accounting report presents historical and estimated data to the internal management in order to conduct business operations and develop an inclusive business strategy (Edmonds, Edmonds, McNair, Olds, & Schneider, 2006). The key purpose of managerial accounting is to induce managers in achieving these business strategies by focusing their efforts towards them. It can be used as a tool in establishing values in the organization by the directing resources, procedures, and employees to efficiently and proficiently achieve the companys objectives (Edmonds, et. al., 2006). Managerial accounting reports can be tailored to specific requests of the management. Though the report falls under financial statement, this flexibility in append

Review from student

Studypool Student
" Wow this is really good.... didn't expect it. Sweet!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1825 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors