Question

Difference between cost accounting financial accounting and management accounting in tabular form

Answer 1

Answer:

$\huge{\fbox{\fbox{\bigstar{\mathfrak{\red{Answer}}}}}}$

Cost accounting is a tool used by management to improve business process efficiency. ... Cost accounting focuses on the internal aspects of a company. Financial accounting focuses on its external aspects. While cost accounting helps improve a company's processes, financial accounting is profit-oriented.

Answer 2

[HeY Mate]

Answer:

In general, financial accounting refers to the aggregation of accounting information into financial statements, while managerial accounting refers to the internal processes used to account for business transactions. ... Managerial accounting frequently deals with estimates, rather than proven and verifiable facts.

I Hope It Helps You✌️