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MFAR 1

Managerial and Financial Accounting Report
Week one paper

Chuck Youman

Finance 540
George Peterson
July 26, 2006

MFAR 2

Introduction

This report is intended to discuss the differences between financial accounting and managerial accounting. By discussing the differences in the types of reports that are generated by the two different accounting systems, this report will compare and contrast the types of decisions made using the information that the two types of accounting would use in a business setting.

Second this report will outline the Institute of Management Accountants, (IMA), and Standards of Ethical Conduct for Management accountants, in which the author will discuss its four major categories and give workplace examples that would show violations of each category discussed.

Differences between Financial and Managerial accounting.

Before the differences between the two types of accounting can be examine, it should be known exactly what......

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Approximate Word Count: 944
Approximate Pages: 4 (250 words per double-spaced page)

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