Write a 750 – 1250 word paper on the following topic:
Compare and contrast financial and managerial accounting. Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.
Your paper must be formatted according to APA 6th edition guidelines, and you need to use at least three external references. Save your file as LastnameFirstinitial-ACCT105-8.
No first person and do NOT use non-credible sources such as: accounting tools, accountingcoach, wikipedia, blogs, dictionaries or investopedia.
Provide one specific, real-life example of how either financial accounting helps external stakeholders make informed decisions or how managerial accounting helps managers to improve operational and financial performance.