Why are any regulations that need to be followed

Discusison: Managerial Accounting

Our focus over the next fifteen weeks will be on managerial accounting. However, there is also financial accounting. For your discussion board post in week one I would like you to discuss the difference between financial and managerial accounting. Are there any regulations/rules that need to be followed under either method. If so what are they? Be sure to cite any sources you use in your post.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Managerial Accounting: Why are any regulations that need to be followed
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