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    Rupal's Avatar
    Rupal Posts: 1, Reputation: 1
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    #1

    May 1, 2009, 10:08 PM
    Cost accounting
    What is the difference between cost accounting & management accounting
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    May 1, 2009, 11:05 PM

    As far as I'm concerned, nothing. Books use both names and teach the same thing, and classes use both names and teach the same things. For example:
    Introduction to Managerial Accounting|Free Cost and Management Accounting Articles-Concepts & Help|Garrison|Noreen

    Although I have seen some texts that were called things like "Financial Management," which seem to be more concerned with budgeting, financial analysis, capital budgeting, etc. and perhaps a bit less into product costing, variances, cost-volume-profit and the like.
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