An accounting cost is the total amount of money or goods expended in an endeavour, usually logged in journal entries and ledgers.
cost accounting is used instead of financial accounting because cost accounting is used to determine the cost of the good produced
Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.
answer
Cost accounting is a subset of management accounting, although the two are used interchangeably.
compare and contrast cost accounting and financial accounting
what are the various classification of cost accounting?
Nicholas Dopuch has written: 'Solutions manual for Cost accounting' -- subject(s): Cost accounting 'Cost accounting' -- subject(s): Cost accounting
What are the function and responsiblity of Cost Accounting
what are the various classification of cost accounting?
cost accounting advantage & disadvantage
strength of historical cost accounting
to know the financial position(i.e. profit or loss) and cost accounting to know the cost price of product of business and management accounting is to take the decision based on financial and cost accounting to prepare bugdget, analysis etc