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Accounting subject has two major components: Cost Accounting and Financial Accounting. The first and the simplest difference between the two is that cost accounting is done for insiders like the management and financial accounting is done for outsiders like the investors, government etc. Further as go deeper in the development of reports concerning the two, we find that cost accounting does not rely upon any standard reporting formats whereas financial accounting stick to the mandatory accounting principles.

Computer Networking is one of the main branches of Computer Engineering. It is one of the today’s most followed streams in Computer Academics. As the world is fast changing in communication systems, computer networking has become a subject likable like hot cakes. Communication currently is based upon broadband and transmission speed of a computer network. The Internet is the basis of linking to the world. It is also a type of computer network.