Difference Between Cost Accounting and Financial Accounting
Cost accounting is in the third level as a branch of accounting information system it provides record of cost and reports the number of information and all these. Get Your Product Tour Today. Difference Between Cost And Management Accounting Bba Accounting Management How To Plan Get Your Product Tour Today. . Financial reports deal largely with actual facts and figures but cost accounts deal partly with facts and figures and partly with estimates. Financial management gives an overall picture of profit or loss and. This can be achieved by attending an accounting program at a vocational school like Interactive College of Technology ICT. The differences between cost accounting and financial accounting are noted above. Financial accounting is carried out with. In brief the key differences between cost and financial accounting are that cost accounting is inwardly focused on management decisions while financial accounting is fo...