Cost Accounting vs. Financial Accounting. Cost accounting is specifically intended for managers and employees who are a part of your business and responsible for making important decisions.

The main difference between cost accounting and financial accounting is the intended audience and level of detail. Cost accounting provides in-depth, detailed information primarily for internal ...

Indirect in Accounting and Finance. In manufacturing companies, labor and materials costs are broken into direct and indirect components. Direct costs are those that can be traced directly to the ...