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What is the difference between Management Accounting and Financial Accounting

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Arush Gupta @Arush_Gupta · Nov 4, 2024

Explore the difference between management accounting and financial accounting with SAS KPO’s informative guide. Understand how management accounting supports internal decision-making, while financial accounting provides insights for external stakeholders. This guide breaks down the unique purposes, audiences, and reporting standards for each, helping businesses better manage and analyze financial data. 

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