Financial Accountants
Accountants who prepare financial information and analysis primarily for external stakeholders, specifically shareholders, investors, and lenders.
Same recorded transactions, different audience, and the audience is the entire distinction.
Often confused with
- Managerial Accountants
- Managerial accountants write for internal readers; financial accountants write for external ones. Classify by who reads the report.
Taught in
See also
3.3.B.3