G a t h e r c o l e | 1
Matthew Gathercole
John M Daugherty
ACC-121-02IN
3 June 2016
The Differences between Financial and Managerial Accounting
When I realized I had to take two accounting classes, one being financial accounting and
one being managerial accounting, I wondered what the difference was between the two. I thought
that both were the same, and that the topic of accounting was just too broad to cover in one
semester but boy was I wrong. After completing financial accounting and starting managerial
accounting I realized that the two were very different. I believe that there are three major
