What is CMA (Cost & Management Accountant)? - APT
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What is CMA (Cost & Management Accountant)?

What is CMA (Cost & Management Accountant)?

The Cost & Management Accountant is a professional course that can be pursued by the commerce stream students. The course is conducted by the Institute of Cost Accountants of India and is divided into three stages i.e.

  • Foundation
  • Intermediate
  • Final

After the completion of the programme, you will be a certified Cost Accountant. A certified Cost Accountant’s key responsibilities include:

  • Maintaining cost account records
  • Planning of cost accounts
  • Cost Auditing

Many large companies, industries and corporations hire CMA’s to manage the cost of production or operational costs. CMAs ensure smooth functioning of the company by cutting cost in a managed manner without impacting the output or production.

 

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