LearningCat: Introduction to Cost Accounting

Difference between Cost Accounting and Financial Accounting
The discipline of finance that deals with the expenditures related to the production of a company is cost accounting. Conversely, financial accounting is related to fundamental financial reporting connected with recording financial data of an entity in an aim to reveal the exact state of the company. To optimize income and company effectiveness, cost accounting […]
Cost Accounting
A fundamental discipline that helps companies find the true cost of their goods or services is cost accounting. Examining these expenses helps businesses decide what to do, set reasonable rates, and improve profitability. Cost accounting is quite important in financial management of companies in many different fields in India. What is cost accounting? Cost accounting […]