Our focus over the next fifteen weeks will be on managerial accounting. However, there is also financial accounting. For your discussion board post in week one I would like you to discuss the difference between financial and managerial accounting. Are there any regulations/rules that need to be followed under either method. If so what are they?

Our focus over the next fifteen weeks will be on managerial accounting. However, there is also financial accounting.

For your discussion board post in week one I would like you to discuss the difference between financial and managerial accounting. Are there any regulations/rules that need to be followed under either method. If so what are they? 

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