Accountancy, asked by kajalpr7886, 1 year ago

Difference between cost financing and managerial accounting.

Answers

Answered by Anonymous
0
Hey mate ✌️✌️

COST ACCOUNTING ⤵️⤵️⤵️⤵️⤵️


This branch of accounting is concerned with ascertaining cost of products, operation process or activities .It is that branch of accounting which deals with recording cost with your objective of ascertaining,reducing and controlling cost.


MANAGEMENT ACCOUNTING ⤵️⤵️⤵️⤵️

Management accounting is the most recently developed branch of accounting .It is concerned with generating accounting information relating to funds ,cost, profit.as it enable the management in decision making .


✨ Hope this helps you ✨
Answered by Pakhi44
3
Heya!!



Financial accounting has its focus on the financialstatements which are distributed to stockholders, lenders, financial analysts, and others outside of the company. ... Managerial accounting has its focus on providing information within the company so that its management can operate the company more effectively.
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