difference Between Cost Accounting and Financial Accounting?
Answers were Sorted based on User's Feedback
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 |
Answer / kapil verma
cost accounting is the part of financial accounting
Is This Answer Correct ? | 36 Yes | 44 No |
Answer / n v kameswar rao
Explain the marked answered questions by me
Is This Answer Correct ? | 3 Yes | 11 No |
Answer / sridhar
this is the right way the diffrence betweeen financial
accoutning and cost accounting is the right way of the
finncail year
Is This Answer Correct ? | 33 Yes | 60 No |
Answer / bithifhaodhfert
cost accounting is bullshit and financial accounting is
dogshit
Is This Answer Correct ? | 41 Yes | 71 No |
Answer / adewole olusola
differences between cost accounting and financial accounting
Is This Answer Correct ? | 81 Yes | 137 No |
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