Saturday, February 21, 2015

What is the difference between cost and managerial accounting?

What is the difference between cost and managerial accounting?
The key difference between managerial and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing information to parties outside the organization.Improvement: Cost account is a major area of managerial accounting. Cost is also a internal Issue. So there is a relationship between cost and managerial account not difference.hazrasabbir@yahoo.com

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