Difference between cost accounting and financial accounting, Cost Accounting

The difference among "cost accounting" and "financial accounting are terms demote to the accounting techniques used internally by a company's management to explain the costs of running the business and help in decision making. For instance, reports that compare budgeted to real expenses are commonly used to monitor the successful management of a particular department or store within a larger enterprise.

 

Posted Date: 4/1/2013 2:11:51 AM | Location : United States







Related Discussions:- Difference between cost accounting and financial accounting, Assignment Help, Ask Question on Difference between cost accounting and financial accounting, Get Answer, Expert's Help, Difference between cost accounting and financial accounting Discussions

Write discussion on Difference between cost accounting and financial accounting
Your posts are moderated
Related Questions
what is overhead cost classfication of cost overhead

a factory operates a small canteen but its annual operation has consistently shown a loss:

Under which inventory costing method could increases or decreases in income from operations be misinterpreted to be the result of operating efficiencies or inefficiencies?

what is regression analysis and its applicability to the course of cost accounting

I have a project for cost account and I need the solution for it

The text states that four conditions are necessary for the existence of a perfectly competitive market. Discuss in your own words each one. a)   Numerous participants: Roughly

It is important to have performance measures to evaluate managers as they control resources and invest in assets for the company. Describe how you could use different variances (ac

Example of ABC System Assume an example, such the cost pool for the ordering activity totaled of Ksh.100, 000 and such there were 10,000 orders the cost driver. Therefore all

Pyramid Printing Company is a printer of magazines and retail inserts. In addition, there are two joint products (food wrapping and book covers) and one byproduct (shipping-box ins

what is accounting treatment for material losses due to abnormal reasons