difference Between Cost Accounting and Financial Accounting

financial accounting its recorded business transaction
books of a/c's. that operating result of particular period
and financial positon on a particular date can be known.

cost accounting refers to cost of production and job
undertaken by the firm.

Cost accounting is related to calculate the cost of
materails, labour, overheads and cost of related jobs and
contracts.In company cost Accounting helps to calculate the
real cost of production but finacial accounting is
associated with maintaining the accounts in the company it
maintains the flow of funds in the company.

cost accounting use for determination of cost of material ,
labour cost from that we calculate the production cost and
define profit

finacial acc. useful to maintain the account

Cost accounting is realated with firm internal activites
and financial accounting realated with external activites
of firm