Accountants consider only explicit costs when measuring profit,whereas economics consider both implicit and explicit costs.The reason that they ignore implicit costs is that:

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Accountants only consider explicit costs which are out-of-pocket expenses, such as salaries, rent, and materials. Implicit costs, on the other hand, are opportunity costs or the value of the best forgone alternative. They are not actual out-of-pocket expenses and cannot be easily measured in monetary terms. Therefore, accountants ignore implicit costs because they are not relevant to calculating profit as it pertains only to out-of-pocket expenses.

Accountants Consider Only Explicit Costs When Measuring Profit,whereas Economics Consider