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.
While cost accounting is often used within a company to aid in decision making, financial accounting is what the outside investor community typically sees. Financial accounting is a different representation of costs and financial performance that includes a company's assets and liabilities.ost accounting, because it is used as an internal tool by management, does not have to meet any specific standard set by the Generally Accepted Accounting Principles and as result varies in use from company to company or from department to department.