1 Documentation: http://electrum.readthedocs.org. 2  Ask your questions or request help on the Electrum subforum at bitcointalk.org. 3  IRC channel: #electrum channel on Freenode. 4  Report bugs, request features, help with development: electrum page on GitHub.  Localization: https://crowdin.net/project/electrum.
â¢ Cost accounting is backward looking and evaluates past data, whereas managerial accounting is forward looking and involves planning and prediction for the future. â¢ Both forms of accounting are essential for the smooth running of a business and essential components in the decision making process.
In a business, two types of accounting reports are prepared--management and financial--and both are essential in their own way. Management, or managerial, accounting is used to run companies and help managers make important financial decisions. Accountants prepare these documents and send them directly to personnel within a company, such as managers and executives.