Cost accouting is considered as the technique and process 
of ascertaining costs of a given thing.

Management accounting is a system that collects, 
classifies,summaries, analyses and reports information that 
will assist managers in their decision making and control 
activies.

Cost Accounting may be a technique or a tool or a process 
of ascertaning the cost of a cost centre and how to load 
those cost on the relative profit centre of an organization 
or a firm.

Management accounting is basically a system which defines 
the collection, analysis, summary, reporting of the 
information and the availabilty of the information and 
assuring the availabilty of the information for a manager 
to take a more appropriate decision. As we know Information 
is the tool of a manager.