Difference Between Cost Accounting and Financial Accounting

What is Cost Accounting Cost Accounting is defined as a field of accounting which is used periodically to report, record and summarize the cost information. In other words, we can define cost accounting as the branch of accounting that is concerned with the costs of producing an organization’s units. The main role of cost accounting […]
Accounting 101: A beginners guide to Accounting

The process of consolidating financial information to make it clear and understandable for all stakeholders and shareholders Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of finance templates and cheat sheets. What is Accounting? Accounting is a […]