Tag: What is the difference between Cost Accounting and Management Accounting ?

Difference between Financial Accounting and Management Accounting

Financial Accounting: Financial accounting deals with the business transactions and events for the enterprises as a whole and generates information to persons and authorities other than management such as government, creditors, investors etc. Management Accounting: Management accounting is a branch…

Difference between Cost Accounting and Management Accounting

Cost Accounting: It is a special branch of accounting which involves classification, accumulation, assignment and control of costs. Management Accounting: Management accounting is a branch of accounting that collects and provides accounting, cost accounting, economic and statistical information to various…