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Introduction

A cost accountant specialises in navigating managerial decisions, stabilising budgets and standards, assessing operational efficiency and the effectiveness of production and service management, identifying accountability for profit variance. His responsibilities include: designing and implementing effective management information and control systems, planning costing systems and methods, inventory control incorporating mathematical models, investment analysis, project management, internal audit, cost audit, diagnosis in the case of sick industries, fund management, pricing planning, interpreting information and data related to business activities and translating them in such a way as to guide the core management into taking the right decisions.

The Institute of Cost and Works Accountants of India is the only recognised statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy.

A Cost Accountant is a person who offers to perform or perform services involving the costing or pricing of goods and services or the preparation, verification or certification of cost accounting and related statements.

Stages to become a Cost and Works Accountant

The student who would like to join the Course after 10+2 has to undergo three stages to pursue the Cost and Work Accounts Course i.e.

• Foundation
• Inter
• Final

In addition, the student has to undergo Practical Training for about 3 years and 100 hours computer training.
 
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Head Office
KP's Professional Academy
501, 5th Floor, Saint Angelo Towers,
Opposite Thane Bus Stand,
Near Platform No.2
Thane West 400 601.

Mobile No: 9930916969

Branch
KP's Professional Academy
Shop No.23, Ganesh Market,
Near Radhikabai School,
Behind Chamunda Stationery
Sector 16, Airoli, Navi Mumbai
Mobile No: 9664899578,

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