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What is the difference between Managerial Accounting and Cost Accounting ?

Asked Jan 1, 2008, 01:31 AM — 3 Answers
Hello Dears,
I want to know about the difference between Managerial Accounting and Cost Accounting.
Thanks !
Sincerely Yours,
Mohammad Naim

3 Answers
tlarocca's Avatar
tlarocca Posts: 17, Reputation: 4
New Member
 
#2

Jan 2, 2008, 10:34 AM
Cost accounting is the process of tracking, recording and analyzing costs associated with a company
budhus (Jul 12, 2010 08:56 PM):   Source:
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humairuddn's Avatar
humairuddn Posts: 1, Reputation: 10
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#3

Dec 28, 2009, 02:46 AM
Cost Accounting : - It is the technique or system used for determining the cost of project, process, or thing used by the legal entities in society, or prescribed by Authoritative accounting group.

Management Accounting : - Generating information by Managers for internal users For planning, controlling, and Decision making.
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gul gee's Avatar
gul gee Posts: 1, Reputation: 1
New Member
 
#4

Jan 11, 2010, 11:06 PM
Cost accounting is just analysis of financial accounting data for fixation total cost and price of product and control on cost
Management accounting is analysis of financial and cost accounting for management of business or different plans and policies.
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