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2011年8月4日星期四

Do you need to know financial accounting to take managerial accounting course?

-There are two courses at my college: Financial Accounting and managerial accounting.



The catalog says that financial accounting is a prerequisite for managerial accounting. How necessary is it to have financial accounting for managerial? Can I take managerial accounting without taking financial first in your opinion?Although the goals of financial accounting and managerial accounting are different and different types of information are developed from each, the basic rules and principles are the same. Financial accounting will cover these rules and principles in depth, whereas managerial accounting will not. This is why financial accounting is a prerequisite.

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