1. Define how managerial accounting differs from financial accounting. Be sure to address the diverse users of managerial and of financial accounting and how each would use accounting information. Additionally, explain how the Sarbanes-Oxley Act (SOX) affects management accountants specifically and answer this question: In your opinion, is SOX enough to deter unethical accounting practices internally? Be specific.
2. Your essay must include an introduction, body, and conclusion, and address all relevant parts of each question. Your response should be a minimum of 300 words in length. Make sure to cite any references you use. Proper citation format for a reference includes the name of the author(s), the title of the work, the date of the publication, and the page number.