The responsibilities of a cost accountant include cost management, budgeting, asset management and performance evaluation within an organization or a company. They may prepare financial reports or may work with corporate administrators to make a strategic financial plan for creditors, tax authorities, regulatory agencies and stockholders. Cost accountants may progress higher-level positions within the management accounting world, for example Cost Controller, Financial Controller, Finance Director,Chief Internal Auditor or Chief Financial Officer among many other chief positions.
Academic Entry Requirement
- Grade 12 –Clear Class XII in Commerce Stream (Recommended).
- Graduation –Pursue graduation in any field except fine arts or Pursue Intermediate course or Pursue the program of Certified Management Accountant or Pursue Final course.
- CMA Foundation
- CMA Intermediate
- CMA Final
Who can hire?
Management of private &public enterprises, financial institutions,Consultancy, Teaching, Independent practice etc.
Cost accountants is one of the top career choices marked by the students. Many options open for the applicantspursuing career in accounting. The opportunities of job exist in public as well as in private sector. If you are selecting your career to be an accountant then, the career choices in this field are presented in numbers. You can go for several jobs under this course.
All organization needs an accountant that maintains and manage the financial records of the companies. It allows the organization to reviewer their success and failure and plan for the future.