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.
Cost accounting is a process of recording, classifying, analyzing, summarizing, allocating, and evaluating various alternative courses of action for the control of costs. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. Since managers are making decisions only for their own organization, there