Cost Accounting

Cost Accountancy is a career via which a person can easily enter into CA or CS courses and also get a job of a cost accountant in corporates as it is very much required by every company for the Annual audits and filings.

Governing Body:

The Institute of Cost Accountants of India stands as the sole statutory body made by an act of parliament which provides all the guidelines pertaining to this course in India.

Eligibility:  

Subject Requirements: Students from any subject stream can enroll in this course excluding fine arts.

Age Limit: No Age limit

Educational Qualification: Students can enroll into the Foundation programme after passing class 10th or equivalent and can appear for the Foundation course examination after passing the class 12th or its equivalent.

Course:

Cost Accountancy course or as its popularly known as Cost and Management Accountancy course can be pursued as follows:

This course has three parts: Foundation Course, Intermediate Course and Final Course respectively.

The course of cost accountant does not have a specific college or university and is governed by The Institute of Cost Accountants of India. A student can also pursue other graduate degree programmes along with completing this course in order to increase their chances of getting better job and career opportunities.

The process of becoming a Cost Accountant after 10+2 is as follows:

• Enroll in the Foundation Course after passing class 10th or its equivalent.
• Pass Class 12th or its equivalent.
• Clear the Foundation Examination after passing class 12th or its equivalent.
• Enroll in the Intermediate Course after clearing the Foundation Examination.
• Clear the Intermediate Course Examinations.
• Enroll for Final Course after clearing the Intermediate Course Examinations.
• Complete practical training and industrial oriented training programme and clear the Final Course examinations.
• After minimum of 3 years of work experience apply and become a member of the Institute of Cost Accountants of India.

Career Options after Cost Accountant:

• Cost Auditor
• Internal Auditor
• CA
• CS
• Working in Accounts Department of Companies
• Government Jobs
• Academician
• Chief Accounting officer
• Audit Manager
• Banking Manager
• Economic Officer
• Researcher

To read more about the career options given above and more Click Here

Important Links:

https://icmai.in/icmai/

https://icmai.in/studentswebsite/Student-index.php

https://icmai.in/upload/Students/CMA_Course_Flow_Chart.pdf

https://icmai.in/upload/Students/CMA_Course_GOING_GLOBAL.pdf

** Disclaimer: The above information is based upon our own research done through official websites and other sources. There can be mistakes in the information provided above as the procedures for college admissions and entrance examinations keep changing, although we try our best to keep this page regularly updated as much as possible.

** In case you find any information above to be incorrect, or have any feedback or suggestions for us or you need any guidance for the course above or any other course kindly write to us at [email protected].

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