Which function is NOT typically associated with financial accounting?

Financial accounting is primarily concerned with the preparation and reporting of financial statements that provide information about a company's financial performance and position to external parties, such as investors, regulators, and creditors. This function includes creating financial statements like the balance sheet, income statement, and cash flow statement, which are essential for assessing the company's overall financial health.

Providing information to outsiders is a fundamental role of financial accounting, as it ensures transparency and accountability to those stakeholders who are not directly involved in the company's operations. Analyzing financial decisions, although important, is more aligned with management accounting, which focuses on internal decision-making rather than external reporting.

Preparing internal management reports falls under the domain of management accounting. These reports are tailored for internal users to aid in strategic planning, controlling, and decision-making processes. This distinction highlights why the preparation of internal management reports is not a typical function associated with financial accounting.