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#1
14th December 2011, 07:23 PM
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Difference between cost accounting and financial accounting?
What is the difference between cost accounting and financial accounting? (15 marks)
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#2
20th December 2011, 08:09 PM
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Re: Difference between cost accounting and financial accounting?
Financial accounting and Cost Accounting are sub-divisions of commerce. Cost accounting deals with the ascertainment of cost of service or a product. It includes processes to control the cost and the decision making about cost. It also deals with analytical estimation of the costs that are related with distributing the service of the hiring organization or manufacturing the product. Financial accounting deals with determining the financial position and performance of business enterprises. All money value dealings come under financial accounting.
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#3
20th April 2012, 01:59 PM
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Re: Difference between cost accounting and financial accounting?
DISTINCTION BETWEEN FINANCIAL ACCOUNTING AND COST ACCOUNTING
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