2AB3 chapter 1

primary for external users

• Managerial Accounting

• Financial Accounting

primary for internal users

• Managerial Accounting

• Financial Accounting

for shareholders, creditors and regulators

• Managerial Accounting

• Financial Accounting

general purpose

• Managerial Accounting

• Financial Accounting

Quarterly and annually

• Managerial Accounting

• Financial Accounting

for officers and managers

• Managerial Accounting

• Financial Accounting

for specific decisions

• Managerial Accounting

• Financial Accounting

Internal reports

• Managerial Accounting

• Financial Accounting

As frequency as needed

• Managerial Accounting

• Financial Accounting

pertains to business as a whole

• financial accounting

• managerial accounting