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MTP_Final_Syllabus2016_December 2019_Set 2Paper 19 : Cost and Management AuditDirectorate of Studies, The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1MTP_Final_Syllabus2016_December
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Cost and management accountant is a professional who specializes in accounting, cost management, financial analysis, and decision-making within an organization.
Companies and organizations that are mandated by regulations or management to maintain cost and management accounts are required to file cost and management accountant.
Cost and management accountant is filled out by recording all relevant expenses, revenues, and other financial information related to the operations of the organization, and analyzing and interpreting this data to provide insights for decision-making.
The purpose of cost and management accountant is to help organizations make informed decisions regarding cost control, pricing, budgeting, and overall financial performance.
Cost and management accountant must report detailed information on expenses, revenues, product costs, overhead costs, profit margins, variances, and any other financial data relevant to the organization's operations.
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