difference Between Cost Accounting and Financial Accounting?

Categories >> Business Management >> Banking Finance
Suggest New Category

Question Posted / nandu

56 Answers
160782 Views
AJL, Amity, College School Exams Tests, IILM, Saga, Unilever, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

difference Between Cost Accounting and Financial Accounting?..

Answer / ramanathan s

Cost accounting is a branch of financial account.but now
its as a profession of own rights.Cost accounting is
systmatic recording the transaction. finacial accounting
providing profit and loss account and balance sheet to
present the management. But Modern management needs much
more details. So, cost accounting provided detailed
information to management of separate department ,
product , etc.

Mainly finacial account supplied statement of Profit &
loss account and balance sheet for outsiders.

And Cost accounting supplied statment of cost of product and
departmnet.

Is This Answer Correct ?

0 Yes

5 No

difference Between Cost Accounting and Financial Accounting?..

Answer / kapil verma

cost accounting is the part of financial accounting

Is This Answer Correct ?

36 Yes

44 No

difference Between Cost Accounting and Financial Accounting?..

Answer / n v kameswar rao

Explain the marked answered questions by me