Financial accounting classes involve learning about the company's historical accounts so that they understand how to read historical facts and be able to predict sound and valuable financial choices. Both financial accounting and managerial accounting classes provide the student with several reasons regarding their differences. Management lessons are designed with statistical and scientific approaches so that the student is able to calculate the monetary value that will be used to generate vital financial decisions. Some of the course topics cover sales forecasting data, probability studies, how to consolidate data, along with comparative and budget analyses. As for the financial accounting course, it focuses on creating financial data. The main topics are the preparation of data relating to cash flow, creditworthiness, as well as success and solidity. “The primary objective of financial accounting is the preparation of financial statements – including the balance sheet, income statement and cash flow statement – ​​that incorporate the company's operating performance over a particular period and financial position at a particular time,” Investopedia , par 1,