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What difference between managerial and financial accounting

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Reference no: EM131048419

First E-mail to Lauren

From Lauren:

Hey there, I have some questions for you that I'm hoping you can help me with. I'll break them into bullets to make it a little easier to manage. Here you go:

What's the difference between managerial and financial accounting? What are each used for? Can you also provide some examples and descriptions of reports used in each area?

I've also heard the term "double-entry accounting". Can you explain what that is?

I know there will be various stakeholders, but I'm not sure who they may be. Can you identify some of the different financial stakeholders in a health care setting? Will you also include examples of the types of reports or reporting each stakeholder will need?

Thanks so much for your help. I look forward to learning much from you!

Lauren

Write a 700- to 1,050-word e-mail response to Lauren. Include any graphics, tables, or diagrams you wish.

Reference no: EM131048419

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