Interested to Buy Any Domain ? << Click Here >> for more details...
Diffrence between cost, financial and management accounting
- 2 Answers
- 6302 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / s.pavan kumar
FINANCIAL ACCOUNTING deals with preparation of trial balance,
trading a/c and p& l a/c & balance sheet,so that it would be
helpful to the outsiders and share holders to exactly know
the financial position of the company.
COST ACCOUNTING deals with costs occured by the company and
the means by which unnecessary costs could be reduced.
MANAGEMENT ACCOUNTING means providing internal information
to the management which would be useful to the organisation
in making decisions like expansion of branches.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / chaitanya
Financial accounting states about the company's investments in different modes like issuing the shares,bank deposits and getting funds from financial institutions and to check out the reserves of the company.
Cost accounting is purely related to the production side of the company and it's mainly important for manufacturing companies as it says about marginal cost,variable cost,fixed cost.
Management accounting states about the planning,Organising,staffing and controlling of the company.
| Is This Answer Correct ? | 1 Yes | 0 No |
Acquired shares of X company worth 100000, company declared 10% as dividends, but not paid to u. Now what entry u pass while purchasing those shares, what entry u pass when company declared dividents but not paid, and what entry u pass when u receive the dividend..?
EXPAND_______________UNL
Define Accrual & what is accrual interest?
What are the two motives of business?
What do you mean by matching order? (7 steps)
Question and Answer of Accoutant
0 Answers JPMorgan Chase, SSC,
Expand---------ABCDEF
what is similarites between tata motors and airtel
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
i m having interview in federal bank for the post of PO, as i hv cleared the written exam. Please tell me how to prepare for that interview?
1 Answers Federal Bank, State Bank Of India SBI,
How is SENSEX calculated?
1 Answers FactSet Systems, Mellon,
wht is portpolio management?
Audit 
