Cost accounting

Cost accounting is measures, analyzes, and reports financial and nonfinancial information relating to the costs of acquiring or using resources in an organization. It provides information for both management accounting and financial accounting.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Cost accounting. Measures, analyzes, and reports financial and nonfinancial information relating to the costs of acquiring or using resources in an organization. It provides information for both management accounting and financial accounting.