Download Mangerial Economics Lecture 1 PDF Free - Full Version
Download Mangerial Economics Lecture 1 by ['Vaibhav Mathur'] in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Mangerial Economics Lecture 1
This document provides an introduction and overview of managerial accounting. It begins by explaining why an understanding of accounting is important for non-finance professionals as they advance their careers. It then distinguishes the key differences between financial accounting, cost accounting, and management accounting. Financial accounting focuses on recording transactions and preparing financial statements for external stakeholders. Cost accounting involves analyzing and reporting cost data for internal users. Management accounting encompasses both financial and cost accounting and provides customized information to various levels of management for decision making. The document also compares financial accounting and financial management, noting that the latter focuses on raising and utilizing funds.
Detailed Information
Author: | ['Vaibhav Mathur'] |
---|---|
Publication Year: | 2016 |
Pages: | 23 |
Language: | English |
Format: | |
Price: | FREE |
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