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Financial and ManagementFinancial and ManagementAccountingAccounting
Accounting¶s role of assistingAccounting¶s role of assistingdecision makers by measuring,decision makers by measuring,processing, and communicatingprocessing, and communicatinginformation is usually divided intoinformation is usually divided intotwo categories:two categories:1.1.Management accounting.Management accounting.2.2.Financial accounting.Financial accounting.
The two may be distinguished by theThe two may be distinguished by theprincipal users of their information.principal users of their information.