Urgent !!! accountng question

1. Statutory requirement for public companies to produce annual financial accounts, whereas there is no legal requirement for management accounting.

2. Financial accounting reports describe the whole of the
organization, whereas management accounting focuses on reporting information for different parts of the business.

3. Financial accounting reports must be prepared in
accordance with generally accepted accounting principles (e.g. SSAPs).

4. Financial accounting reports historical information,
whereas management accounting places greater emphasis on reporting estimated future costs and revenues.
5. Management accounting reports are produced at more frequent intervals.
6. The target users for management accounting reports are internal staff such as managers and board of directors while financial accounting reports users are external parties for example: shareholders, taxes authority and stock exchanges.