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.
Managerial Accounting. The purpose of managerial accounting is to provide managers with information to plan, control and manage the operations of a business. It provides management with the information needed to make important decisions about the business. One type of managerial accounting system is cost accounting. Cost accounting systems record actual costs incurred in delivering a product or service, comparing those costs to standard or planned costs and highlighting variances for investigation and follow up.