Managerial functions and skills are similar. Although they have some overlapping aspects, they have distinct differences. Managerial functions refer to the managerial job role from a task-based ...

Accounting is a broad term that covers many different objectives, depending on how it’s practiced. Most often, we think of accountants and financial accounting. However, managerial accounting is an ...

Managerial accounting focuses on the internal needs of a business, not on outside users of financial information. Problems in this area vary from one business to the next, even within the same ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Vikki Velasquez is a researcher and writer who has managed, coordinated, and ...