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What is Managerial Accounting and How Does it Differ from Financial Accounting?

Snyder

No matter how large or small your business is, managerial accounting will help you gain profit. This type of accounting aims mainly at forecasting and long-term business decisions and is used to ensure your company’s financial health. So what’s managerial accounting, and why is it crucial for small business owners?

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Why today's world needs managerial accounting

Accounting Today

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IMA certification aims to address accounting talent shortage

Accounting Today

The Institute of Management Accountants is rolling out a new Financial and Managerial Accounting Associate certification that requires no prerequisites like a college degree.

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Crossword puzzle to review job costing in managerial accounting

Wendy Tietz

Below are links to a crossword puzzle to review job costing in managerial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Job costing crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution. Job […].

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The Difference between Bookkeeping and Accounting

SMBAccountant

There are different types of accountants which specialize in different areas. Forensic accountants research financial transactions to uncover fraud. Managerial accountants work to collect and compile data used to make management decisions. Tax accountants specialize in IRS law and completion of tax returns.

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In a Battle Between ChatGPT and Accounting Students, the Students Won

CPA Practice

The questions covered accounting information systems (AIS), auditing, financial accounting, managerial accounting and tax, and varied in difficulty and type, such as true or false, multiple choice, and short answer.

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A job cost mini-dashboard for a quick data analytics exercise

Wendy Tietz

Looking for a quick data analytics exercise for introductory managerial accounting? You can give your students the link for this job cost analysis dashboard and then ask a series of questions.