Talk:Cost accounting

Proposed merge with Management Accounting

Disagree. Cost accounting is only part of management accounting and, in my opinion, it is too large a subject to be covered adequeately in a manageable article on management accounting. —Theo (Talk) 13:11, 22 July 2005 (UTC)

Disagree. Cost accounting is a specific subject that is well known and one that individuals may want to research particularly. Management accounting covers many areas, and generally evolves more as new methods of tracking and accounting are developed. Finally Cost Accounting has specific uses for goverment and contractor type work which separates it from management accounting which is generally geared primarily towards internal users of financial statements. See CASB for complete details on legislative involvement in this area. —Augustz 18:41, 2 August 2005 (UTC)

Disagree. Although educators often teach cost accounting and management accounting as a single academic subject (e.g., there are many textbooks entitled "Management and Cost Accounting") in practice there is a clear distinction between these branches of accounting. In practice there is a clear distinction between Financial Accounting (for external users) and Management Accounting (for managerial users), and Cost Accounting is an overlap between these two. For example nearly all firms use some form of absorption costing (which is a basic cost accounting technique) for financial accounting purposes, but many firms use activity-based costing (a different cost accounting technique) for management accounting purposes.

Disagree. It is much easier to find the information you want if you can look up specific things as opposed to having to sift through an article for the things you want.

Disagree Cost Accounting and Management Accouning are taught as seperate course at many universities.

Disagree. Totally stupid to merge Cost Accounting to Management Accounting. Cost Accounting is a broad subject already. Like in computing, we can't merge Networking to Application Developement, even though they are in the subject of Computing. Like in Medicine, we can't merge Dental to Paediatric, even though they are in the field of medicine. In we are to merge everything related, then we should open up a subject called "General Humanity" or "Study of The Universe". - Felix (the okayman) of Hong Kong