Essay 1

Prepare an essay of 800 to 1,100 words consisting of two parts:
Part A: Explain what is the financial accounting and management or management accounting. Discuss the uses of each and the differences between them.
Part B: Explain what is the difference between accrual basis accounting and cash basis accounting. Indicate which method is accepted by the general principles of accounting ("GAAP") and why.
This is a formal job to be submitted in APA format. Please use references, quotes and avoid plagiarism. Remember that the essay must consist of an introduction, development and conclusions. Perform work in Spanish.