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cost accounting vs accounting

accounting vs cost accounting

cost accounting and accounting both are nouns.

Word NounAdjectiveVerbAdverb
cost accounting Yes No No No
accounting Yes No No No
As nouns, accounting is a hypernym of cost accounting; that is, accounting is a word with a broader meaning than cost accounting:
  • cost accounting: keeping account of the costs of items in production
  • accounting: the occupation of maintaining and auditing records and preparing financial reports for a business
Other hypernyms of cost accounting include accountancy.
cost accounting (noun) accounting (noun)
keeping account of the costs of items in production the occupation of maintaining and auditing records and preparing financial reports for a business
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between cost accounting and accounting

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