Accounting

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.

Hi,
The field of accounting always remains in demand as it is the backbone of every business entity. An accountant is needed in every industry. It is one of the respected profession in the world. The practitioners and professionals of accounting are known as accountants. The certified professionals in these fields are known chartered Accountants. Accounting job can vary from entry level to executive level. Accountant plays the very important role in any business. It is a very crucial part of an organisation, for managing payroll, auditing and financial management. Due to the individual demand of different companies, the demand of accountants is increasing. Eligible candidates can find jobs in public, private or non-profit industries and companies. You can opt for various career profiles such as clerk, payroll clerks and accounts clerk. How to Become an accountant? What are the courses required in becoming an accountant? Minimum education of Bachelors degree in accounting is required to start career as accountant. Starting a career in accounting, first step exist is to pursue an undergraduate degree in accounting. One can pursue Diploma courses, Bachelors level, Masters level and doctorate level education in accounting. Diploma Course in Accounting & Finance 1 year duration
Bachelors Courses:
B.Com Accounting & Finance 3 years
B.Com Accounting & Taxation 3 years
Bachelor of Commerce in Accountancy 3-year
BBA in Accounting & Finance 3-year
Eligibility Criteria for admission to undergraduate courses in accounting. The minimum educational qualification is 10+2 passed with commerce subjects like Accounts, Economics and Mathematics is required.
Masters Courses:
M.Com Accounting and Finance 2 years
Masters in Finance & Accounting 2 years
Master of Commerce in Accounting and Auditing 2 years
Post Graduate Diploma in Computer Accounting & Auditing 1 year.
Eligibility Criteria:
Minimum educational qualification of Bachelors degree in the relevant discipline is required for admission to Masters courses in accounting.