31 Jul 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.
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.