Differentiate between managerial accountings and financial accountings. ?

Financial Accounting: Is the process of providing informationof the financial trancactions for the besiness , this kind of repots is useful for both internal and external users such as the owner, managers , Investor ,lender and other regultory agency., the focus for the Financial Accounting is on historical information

Managment Accounting: is the process of reporting to the internal users  in order to achive the organization goals . the focus for the managerial accounting on both historical and forcasting.