Cost Accounting vs Management Accounting

Cost Accounting
Management Accounting
1) Objectives if this is to ascertaining and control of costs of products & services.
2) It concerned with the Department or division of the business.
3) The scope of this is limited.
4) It uses Quantitative aspect is recorded.
5) It uses past and present figure.
1) Objectives of MA is to help the management in decision making, planning, control etc.
2) It deals with the both cost and revenue
3) The scope of this is wider.
4) It uses Quantitative and Quantitative information.
5) It is prepared for providing future guidelines.

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