Career as Cost Accountant (ICWA)

Following are some of the significant areas for practicing Cost Accountants today.

* Statutory Cost Audit under Section 233 (B) of the Companies Act, 1956. List of Industries under Cost Audit
* Certification under Export & Import Policy.
* Excise Audit under Section 14A & 14AA of the Central Excise Act
* Audit under State VAT Acts in several States
* Audit under Cooperative Acts in several States
* Special Audit for Certification of manufacturing account as per Customs Act.
* Consultancy Assignments. Fields for Cost Accountants

In academics too Cost Accounting qualification from ICWAI is regarded as a major accomplishment.

* Under AICTE guidelines Cost Accountants are treated at par with Ph Ds for appointment as Professors, Associate Professors/Readers, Assistant Professors/Lecturers in AICTE approved Management Institutes.
* Cost Accountants can also register for Ph D in many of the Universities. List of Universities where Cost Accountants can do Ph.D