Finance (FM2)
California Institute Of Integral Studies
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Financial accounting
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---421November 20222022/2023
- Financial accounting is intended to provide financial information on a company's operating performance. Though management can analyze reports generated using financial accounting, they often find it more useful to use managerial accounting, an internally-geared method of calculating financial results that is not allowable for external reports. Financial accounting is the widely-accepted method of preparing financial results for external use.
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