what is management accounting
Management accounting is the practice of recording, classifying, and summarizing financial information to help management make decisions. It includes the preparation of financial statements, which are a snapshot of a company's financial position at a particular point in time.
what is cost accounting
Cost accounting is the process of determining, assigning, and recording the costs of goods and services produced and consumed by an organization. This information is used to make informed business decisions and to manage financial resources.
Cost accounting is a critical process for any business. It allows businesses to identify and analyze the costs of their products and services. This information is then used to decide how to allocate resources and to plan future business activities.
Cost accounting can be divided into two main categories: direct and indirect costs. Direct costs are the expenses that are related to producing a good or service. These expenses include wages, materials, and equipment costs. Indirect costs are expenses.
accountant Job Details :
Employment Type : Full Time
Remote Job : No
Minimum Education Level : N/A
Listed By : Employer
Career Level : Junior