Shared Flashcard Set

Details

acct
521
5
Accounting
Undergraduate 3
10/13/2007

Additional Accounting Flashcards

 


 

Cards

Term
Financial Accounting
Definition
concerned with providing relevant finacnial information to various external users
Term
managerial accounting
Definition
deals with the concepts and methods used to provide information to an organizations internal users, that is managers
Term
Financial reporting
Definition
the process of providing this information to external users
Term
external users
Definition

investors

creditors

empolyees

labor unions

customers

suppliers

govt regulatory agency

financial intermedaries 

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