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accountancy vs cost accounting

cost accounting vs accountancy

accountancy and cost accounting both are nouns.

Word NounAdjectiveVerbAdverb
accountancy Yes No No No
cost accounting Yes No No No
As nouns, cost accounting is a hyponym of accountancy; that is, cost accounting is a word with a more specific, narrower meaning than accountancy:
  • accountancy: the occupation of maintaining and auditing records and preparing financial reports for a business
  • cost accounting: keeping account of the costs of items in production
Other hyponyms of accountancy include bookkeeping, clerking, inventory accounting.
accountancy (noun) cost accounting (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business keeping account of the costs of items in production
Difference between accountancy and cost accounting

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