Financial & Managerial Accounting/ Impacts of high rate of unemployment on business environment

April 14, 2023April 14, 2023 Discipline: Accounting

Dicussuon 1: Impacts of high rate of unemployment on business environment

-Discuss different types (frictional, structural and cyclical) of unemployment and the impact of each type of unemployment on businesses. Are all three types of unemployment undesirable? Explain.
-How might we classify the unemployment that was caused by the recent COVID-19 pandemic?
Discussion 2: Financial & Managerial Accounting
1.) Discuss the differences between financial and managerial accounting. What types of documents are prepared by business organization using financial and managerial accounting?
(2.) Please visit the Institute of Management Accountants site. What can you find to share about the accounting profession?

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