Cost and Management Accountant is a globally accepted and highly demanded professional. He may build up his own practice or may take up employment in private, public or government sector with high remuneration. The Cost Accountant is responsible for audits like cost audit, special audit, compliance audit , stock audit, etc . Various Ministries of the Government of India have authorized the Cost Acountant in practice for certifying various returns and to issue compliance certificates . Cost Accountant can work as faculty in colleges and universities.