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Tutor profile: Rolando G.

Inactive
Rolando G.
Experienced Accounting, Finance, Math, Economics and Spanish Tutor
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Questions

Subject: Spanish

TutorMe
Question:

What is the difference between financial and managerial accounting?

Inactive
Rolando G.
Answer:

Financial accounting is used with the outside investor or external stakeholder in mind. Managerial accounting is practiced with the internal or management team in mind.

Subject: Finance

TutorMe
Question:

Is Accounting a science or an art.

Inactive
Rolando G.
Answer:

In its purest form Accounting should be all science. I say this because accounting should be practiced from an objective point of view in order to provide the most sincere and thorough information possible.

Subject: Accounting

TutorMe
Question:

What is the main purpose of accounting?

Inactive
Rolando G.
Answer:

Accounting is method or a practice whose main purpose is to capture and present how the main activities of an organization are captured from an economic point of view.

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