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Difference between management accounting and cost accounting

Asked Jan 29, 2009, 10:19 AM — 8 Answers
What are the difference between management accounting and cost accounting

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8 Answers
NeedKarma's Avatar
NeedKarma Posts: 10,261, Reputation: 8870
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#2

Jan 29, 2009, 10:27 AM
Management (or managerial) accounting deals with the bigger picture: Reports to those inside the organization for planning, directing and motivating, controlling and performance evaluation. Emphasis is on decisions affecting the future.

Cost accounting deals with the costs associated with producing your product/delivering your service, for example: Cost of Goods Sold calculations.
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ROLCAM's Avatar
ROLCAM Posts: 1,437, Reputation: 250
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#3

Mar 16, 2009, 04:32 AM
Management accounting helps managers plan and control a company's operations. Accountants prepare budgets to express management's goals in financial terms. After a budget has been adopted, performance reports compare actual results with the budget. Cost accountants help management keep track of how much it costs a company to make the product, or provide the service, it sells.
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kalye Posts: 1, Reputation: 10
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#4

Feb 27, 2011, 10:49 AM
It is a bit demoralizing to find that many of the answers are too shallow and look plagiarized ...we students seeking information need to find new answers to these questions and not duplications from other sites . We want authenticity..next time I will give you an example of what I am talking about today I was just looking for help.
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NeedKarma's Avatar
NeedKarma Posts: 10,261, Reputation: 8870
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#5

Feb 27, 2011, 12:12 PM
Quote:
Originally Posted by kalye View Post
it is a bit demoralizing to find that many of the answers are too shallow and look plagiarized ...we students seeking information need to find new answers to these questions and not duplications from other sites . We want authenticity..next time I will give you an example of what I am talking about today I was just looking for help.
Many of the questions are copy/pasted from their homework assignment - they are looking for someone to give them the answers.
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vikassssss Posts: 1, Reputation: -1
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#6

Mar 2, 2011, 04:07 AM
Mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm
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NeedKarma (Dec 31, 2011 03:33 AM): NA   Source:
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ghulam250 Posts: 1, Reputation: 10
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#7

Mar 2, 2011, 10:55 AM
Can I send the question from matz and usry and I need answer
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pready's Avatar
pready Posts: 2,678, Reputation: 897
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#8

Mar 2, 2011, 01:42 PM
If you have a squestion start your own thread and other members on this site will see it and try to help you.
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hadhibasha's Avatar
hadhibasha Posts: 1, Reputation: 10
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#9

Dec 30, 2011, 10:59 PM
good
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