Cost accounting is a process that involves recording, analyzing, and reporting a company's expenses in detail. Unlike financial accounting, cost accounting is an internal process used only by ...

Management accountants—also called cost, managerial, industrial, corporate, or private accountants—record and analyze the financial information of the companies for which they work. Government ...

Cost accounting is not the same as financial accounting and is used primarily for internal decision-making. Direct costs are related to producing a product or service. These include raw ...