Accounting Fees

The scope of cost accounting very wide. There are lots of techniques, tools, procedures, processes, programs are used in cost accounting for calculating cost and its control. But basically, we divide its scope within three major parts.
1. Cost Ascertainment
In this region of cost accounting, cost accounting collects product's material, labour and overhead cost and try to calculate total and per unit cost of the product. This total cost calculation will be based on historical or standard or estimated basis. After this, cost accountant will use any method of costing like specific order costing, operation costing, and direct costing technique. These techniques and methods may be used for calculating different nature products in same organisation.
2. Cost Records
In this part of cost accounting, cost accountant maintains cost books, vouchers, ledgers, reports and other cost related documents for future comparison and reference. It will also be under the scope of cost accounting.
3. Cost Control
this is the end boundary of cost accounting scope. In this division, cost accountant used different techniques and methods for controlling the cost. Save One Rupees in the cost of product means we have earned one rupees in the production of goods. So, Cost accountant uses budgetary control, standard costing, break-even point analysis and many other techniques for controlling the cost
job opportunities available in India
Cost accountants might work for accounting or consulting firms, or they might work directly for corporations in the retail or manufacturing sectors. But regardless of the work environment, accurate cost accounting enables a company to reduce financial waste and increase profit. Entry Level jobs
Types of Roles
Staff cost accountant, junior accountant, accounting assistant, accounting clerk
Mid Level jobs
Types of Roles
Cost accounting manager, senior cost accountant
Senior Level jobs
Types of Roles
Financial controller, chief financial officer, vice-president of finance.

Obtain a Bachelor's degree in accounting, finance or economics. The Institute of Management Accountants (IMA) dictates the requirements for CMAs. The website is:
http://www.imanet.org.
Make sure your program of study includes an emphasis on business studies, such business law, management, marketing and taxation.
[1] A Certified Public Accountant (CPA) is a similar designation to the CMA. The CPA credential is focused on accounting and auditing professionals. A CMA professional focuses more on management decision-making and analysis. If you are unsure whether you want to become a CMA or a CPA, check on the course requirements for both credentials. You may be able to schedule your coursework to meet both sets of requirements. Accounting or finance internships give you real world experience and help you to a network for full-time positions. Consider applying for internships while you are in school. Doing an internship will help you decide which career path is the right one for you.
Get your necessary work experience. The CMA designation requires 2 years of continuous work experience. Your work needs to be in a CMA-related field. These jobs include accounting, auditing, financial analysis or budgeting.
[2] You can complete this 2-year work experience after you take the exam as well. Once you are a CMA candidate, you have 7 years to submit proof of your financial management experience. Part-time positions can also count toward the 2-year work requirement. If you work 20 hours a week or more, you can be considered as a part-time candidate. Note, however, that it takes four years of part-time work to meet the 2-year requirement. When you are applying for jobs, check with both your employer and the IMA. They can verify if your position meets the requirements for the CMA.
Apply for membership in the Institute of Management Accountants. The annual membership cost will vary, based on your status as a student or as an employee working in the field. Membership in this professional organization gives you access to exam preparation, employment boards and continuing education courses.
[3] Once you apply and pay the membership fee, you will be eligible to take the CMA exams within the next 3 years. Send the IMA your college transcripts. Download and complete an experience verification form. These are available on the IMA website. You will be required to list all of your management accounting work experience.