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difference Between Cost Accounting and Financial Accounting?
 Question Submitted By :: Finance
I also faced this Question!!     Answer Posted By  
# 51
Cost accounting is a branch of financial account.but now
its as a profession of own rights.Cost accounting is
systmatic recording the transaction. finacial accounting
providing profit and loss account and balance sheet to
present the management. But Modern management needs much
more details. So, cost accounting provided detailed
information to management of separate department ,
product , etc.

Mainly finacial account supplied statement of Profit &
loss account and balance sheet for outsiders.

And Cost accounting supplied statment of cost of product and
Is This Answer Correct ?    0 Yes 5 No
Ramanathan S
# 52
cost accounting is the part of financial accounting 
Is This Answer Correct ?    36 Yes 44 No
Kapil Verma
# 53
Explain the marked answered questions by me 
Is This Answer Correct ?    3 Yes 11 No
N V Kameswar Rao
# 54
this is the right way the diffrence betweeen financial
accoutning and cost accounting is the right way of the
finncail year
Is This Answer Correct ?    33 Yes 60 No
# 55
cost accounting is bullshit and financial accounting is
Is This Answer Correct ?    40 Yes 71 No
# 56
differences between cost accounting and financial accounting 
Is This Answer Correct ?    81 Yes 137 No
Adewole Olusola

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