Raman kumar  Garg

Shall we see saturation of jobs in Cost Accountant in the next few years?

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by Raman kumar Garg
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RE: Shall we see saturation of jobs in Cost Accountant in the next few years?

Vaibhav Bhutra
Vaibhav Bhutra
Verified Career Expert
Career Counselor/ Director at Educomp Vidyamandir Classes
  • Surat

Dear Friend,


Greetings of the day!!!

Let me Introduce to you myself i am a cost accountant and have done my MBA in Finance.

Cost Accountant

As you know everything is linked with economy when you have good economic activity there are higher jobs available in market and the reverse is the case when there is a slag in economy then you may seen decline in jobs.

As far as cost accounting is concerned with the recent change in regulations by government which made it mandatory for companies to manage the cost accounting books for regular audit. There has been a sudden increase in cost accountant needs. Lot of companies are hiring cost accountant who are experienced.

Cost accountant can also start his/her own practice of cost accounting which is always available for an cost accountant.

With the advancement of technologies and high competition there is lot of need to optimize cost and understand the cost analysis for any product or services thus the need to cost accountant increases.

To answer your question, i believe there would not be any saturation in cost accountant job market since institute of cost accountant of India also monitors the number of cost accountant passes each year which is normally based on the need of the market and thus its always based on the demand and supply situation in the market.

I hope you have got your query answered in case of any other question do write to us

Wish you all the best !!!

Rgds
Vaibhav
MBA, ICWA, FRM

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