Relationship  of  Cost  Accounting,  Financial  Accounting, Managerial Accounting and Financial Managerial
Cost  Accounting  has  been  developed  because  of  the  limitations  of Financial  Accounting  from  the  outlook  of  management  control  and  internal reporting.Investment  decisions  relate  to  the  effective  deployment  of  scarce resources  in  terms  of  funds  while  the  Financing  decisions  are  concerned  with acquiring optimum finance for attaining financial objectives.On  the  other  hand,  Managerial  Accounting  refers  to  managerial processes and technologies that are focused on adding value to organizations by attaining the effective use of resources, in dynamic and competitive contexts.Financial  accounting  executes  the  function  of  exposing  a  true  and  fair
overall  picture  of  the  results  or  activities  carried  on  by  an  enterprise  during  a period (via statement of profit and loss) and its financial position at the end of the year (via balance sheet).Such  a  process  of  management  is  known  as  Financial  Managerial.