Accounting-basics-management-versus-cost-accounting
提供:Dev Guides
管理対 原価計算
管理会計は、原価会計と財務会計からデータを収集します。 その後、データを分析および解釈してレポートを作成し、経営陣に必要な情報を提供します。
一方、原価簿は、各会計期間の終わりに財務会計から受け取ったデータから原価計算システムで作成されます。
管理と原価計算の違いは次のとおりです。
S.No. | Cost Accounting | Management Accounting |
---|---|---|
1 | The main objective of cost accounting is to assist the management in cost control and decision-making. | The primary objective of management accounting is to provide necessary information to the management in the process of its planning, controlling, and performance evaluation, and decision-making. |
2 | Cost accounting system uses quantitative cost data that can be measured in monitory terms. | Management accounting uses both quantitative and qualitative data. It also uses those data that cannot be measured in terms of money. |
3 | Determination of cost and cost control are the primary roles of cost accounting. | Efficient and effective performance of a concern is the primary role of management accounting. |
4 | Success of cost accounting does not depend upon management accounting system. | Success of management accounting depends on sound financial accounting system and cost accounting systems of a concern. |
5 | Cost-related data as obtained from financial accounting is the base of cost accounting. | Management accounting is based on the data as received from financial accounting and cost accounting. |
6 | Provides future cost-related decisions based on the historical cost information. | Provides historical and predictive information for future decision-making. |
7 | Cost accounting reports are useful to the management as well as the shareholders and creditors of a concern. | Management accounting prepares reports exclusively meant for the management. |
8 | Only cost accounting principles are used in it. | Principals of cost accounting and financial accounting are used in management accounting. |
9 | Statutory audit of cost accounting reports are necessary in some cases, especially big business houses. | No statutory requirement of audit for reports. |
10 | Cost accounting is restricted to cost-related data. | Management accounting uses financial accounting data as well as cost accounting data. |