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 ...

Management accounting techniques are accounting procedures that emphasize current information and analysis for managerial decision-making. They are designed to provide small-business owners with ...

Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...

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 ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The three main types of accounting for businesses are ...