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View Full Version : Difference between cost accounting and management accounting


ssstephen
Nov 20, 2009, 06:36 PM
What is the differncebetween cost accounting and management accounting?

ssstephen
Nov 20, 2009, 06:43 PM
What is the differnce between Cost accounting
And Management accounting?

ssstephen
Nov 20, 2009, 06:56 PM
State the Diffrences between cost accounting
And management accounting.

morgaine300
Nov 21, 2009, 12:52 AM
You don't need to post three times. Looks like some impatience at not being answered within a half hour.

Most people I know use the terms interchangeably, but there is a bit of a technical difference that's hard to understand. The short answer is that cost accounting is the more technical info of coming up with the costs to begin with and is a part of the whole managerial process, which goes further by using that info in decision making.

I found a pretty decent answer from someone on here from a while back if this helps:
https://www.askmehelpdesk.com/accounting/what-difference-between-managerial-accounting-cost-accounting-167546.html