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Financial Vs Managerial Accounting: Understand The Difference As A Business Owner
MDH Accountants is an award-winning firm based in Accountants Surrey and Accountants London. Our Director, Michael Hemme, is known as the Wealth Whisperer!

As a business owner, understanding financial accounting and managerial accounting is crucial for making informed decisions. While both are vital, they serve different purposes. In this video, we break down the key differences and show you how each type of accounting can support your business growth and strategy.

What you’ll learn in this video:
✅ The role of financial accounting in compliance and external reporting
✅ How managerial accounting helps with internal decision-making
✅ Key metrics and tools used in both types of accounting
✅ Practical examples of when to use financial vs managerial accounting

Don’t let accounting terms confuse you—gain clarity and confidence in managing your business finances. Watch now to learn how financial and managerial accounting can work together to drive your success!

Time Stamps:
00:00 - Intro
00:25 - Managerial and Financial Accounting
01:07 - Accounting Standards
01:52 - Accounting Periods
02:42 - Frequency
04:10 - Source
05:28 - Considering Management Accounts
06:45 - Contact us


Contact Us & Book a Meeting

Book a Call:
https://www.mdh.me.uk/book-call/
Business Growth Programme & Webinars
https://www.mdh.me.uk/business-growth...
Business Growth Book
https://www.mdh.me.uk/get-your-copy-o...
Tax Saving:
74 Ways To Pay Less Tax
https://www.mdh.me.uk/74-ways-to-pay-...
Funding: A Free Guide for Business Owners in The UK:
https://www.mdh.me.uk/funding-guide-u...

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Disclaimer:
This content is for educational and entertainment purposes only. The information provided, including any details on VAT, tax rates, regulations, etc., is general in nature and may be subject to change. Always consult professional advisors and check for the latest updates before making financial or business decisions.

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