Define managerial accounting and understand how it is used
Define managerial accounting and understand how it is used
Subject: Business   / Accounting
Question
Module 4 discussion
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Answer the question on international accounting and pick one topic from the other 3 and respond to two classmates about their topic:
Review the section on international accounting in each of Chapters 13, 14, and 16. Discuss the major similarities and differences between U.S. GAAP and IFRS. Which of the differences do you find most interesting? If there is a convergence between U.S. GAAP and IFRS, would you choose the U.S. GAAP or IFRS method? Why?
1.Define managerial accounting and understand how it is used
2.Describe the differences between service, merchandising, and manufacturing companies
3.Classify costs for service, merchandising, and manufacturing companies