" />

Cost Accountancy edges over Financial Accounting

Cost accountancy edges over financial accounting. Cost accounting promotes study and adoption of scientific methods to secure maximum efficiency in industrial, commercial and other spheres, as compared to financial accounting. Financial accounting mainly draws conclusions on the basis of post facto data long after the operations are put through and expenditure were incurred enabling score keeping or at best statistical analysis. Therefore, role of cost accountants go beyond a financial accountant and they help the management in regulating production operations and processes of production.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Judge ! Who is Right?

I am Member of ICMAI form 1st Apirl 2015. worked for NIRC for one year. I Wanted to do all kinds of work for NIRC. but i cant flatter (Chaplusi) anyone. so denied some work against anyone. i was man of the match in CMA Cricket League. I removed from …

Swachh Bharat Cess

Swachh Bharat Cess Meaning It is a Cess which shall be levied and collected in accordance with the provisions of Chapter VI of the Finance Act, 2015,called Swachh Bharat Cess, as service tax on all the taxable services at the rate of 0.5% of the value of taxable service. Implementation …

Excellent Message From Whatsapp

An excellent message I got from whatsapp group…This article is a must read for everyone ???? Forwarding a good message: After years of hard & dedicated service to his Company, Ajay was being appointed at an elegant reception as the new Director. It was a small function where his wife …