Managerial Accounting

The guts of the analysis of revenue drivers are what comprises the difference between managerial accounting and simply financial accounting.

A manager would look at these numbers and wonder why sales of pillow apps aren’t growing at a much faster pace. They would also likely be wary of the wholesale channel, knowing that many of its distribution partners, like Sears, Penney’s, Kmart, and others, will soon go entirely bankrupt and close their doors, so the manager would be aggressively trying to find replacement distribution venues when those companies go six feet under.

A financial accountant wouldn’t really care; that is, they would just add up the numbers correctly, present them to a manager and...go play golf.

See: Financial Accounting.