CMAs: Corporate India’s new target

26 September 2007 |

Express News Service

BHUBANESWAR: Being a cost accountant might have been a dream for many but today it has become the ultimate goal. As a matter of fact, in this globalised and competitive environment, corporate India is hunting for cost accountants like never before.

Cost and Management Accountants (CMAs) are no more associated with book keeping and auditing. Of late, the industry has realised on investing their expertise for effective and efficient use of financial tools in managing resources.

With increase in competition and consequent economic pressure, cost and management accountancy has been interwoven into the main fabric of management practice. Studies, no wonder then, estimate that corporate India is facing an acute shortfall of CMAs. The handful that are passing out annually are being lapped up in no time.

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