FIN 324 Week 1 DQs

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FIN 324 Week 1 DQs

Discuss the difference between financial and managerial accounting. What is the Financial Accounting Standards Board? What is their purpose? Discuss the difference between financial and managerial accounting.

Discuss the difference between Certified Public Accountants (CPAs) and Certified Managerial Accountants (CMAs)

What is the Financial Accounting Standards Board? What is their purpose?

Describe in detail the purpose of the Securities Exchange Commission (SEC). What was the purpose of the Sarbanes Oxley Act of 2002? What is a Sub S type of business?

What is the purpose of adjusting entries?

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