Cost Accountant Career Guide and Counseling

Question: What are the typical job duties of a cost accountant? In seeking employment, 'cost accountant' continues to come up when using keywords regarding my experience and abilities. Would I be correct in assuming a cost accountant would basically be a bean counter? Figuring costs down to the penny highly interests me. Would there be a particular college course which may be helpful in this field? Many thanks.

Answer: Cost Accountant I Determines and implements cost accounting procedures and methods. Responsible for the preparation and analysis of cost reports and costing audits. Examines and reviews unusual cost records and ensures cost data is allocated correctly. May require a bachelor's degree and 0-2 years of experience in the field or in a related area. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Primary job functions do not typically require exercising independent judgment. Typically reports to a supervisor or manager. There are four levels of this profession on the link attached... including salary ranges. Hope this helps. Love

Question: Anyone requires services for book keeping and cost accountant? I am a accountant with good working experience in Quickbooks. Also i have good knowledge in preparing cost accounts. Please contact me if you require any accountant.

Answer: Hello, Am seeing many projects out sourced on freelance sites which relates to book keeping and many are long term and potential. Two of such freelance sites I had listed on my blog, you register with them for free and list your skills. They will mail you as such when projects out sourced. Remeber you will not pay anything and pament is thru safe escrow. Visit :http://freeonlinemoneymakingideas.blogsp… Good Luck Jennie

Question: What are typical Cost Accountant salaries? Do some companies pay a lot more for this position than others? What does a top earner make in this field? What's the salary of an entry level cost-accountant? What skills should you learn to increase your salary?

Answer: Here's a chart from PayScale.com showing median cost accountant salaries based on years of experience (including the salary of an entry-level cost accountant position): http://www.payscale.com/research/US/Job=… And this chart shows median cost accountant salaries by industry: http://www.payscale.com/research/US/Job=… To find more accurate salary data for your specific cost accountant position, taking factors such as location and qualifications into consideration, you can take PayScale's free salary survey. http://www.payscale.com/?src=yahooA Hope that helps, Assistant to Dr. Salary

Question: Can a qualified Cost Accountant in India apply for the finance/accounts related jobs in Canada? I'm a qualified Cost Accountant (ICWAI-Institute of Cost & Work Accounts India) with 6+yrs of experience.

Answer: sorry to be the first to break it to you. If don't have canadian experience, or graduated from a canadian university, it will be so hard to find a job here in Canada. check out www.notcanada.com sorry dude, atleast u asked before moving here, i hope!

Question: How much does an accountant cost in Oklahoma City; need referral; married made 38k and itemizing?? I am changing accounts; and need to know roughly an accountant would cost; i tried to use that tax cut but its confusing; i am filing married and both of us are self employed so we are itemizing; does anyone know what an accoutant cost and if so does anyone have a referral for Oklahoma city ok

Answer: There are free tax preparation programs available online. (You have to suffer through a good amount of promotions asking you to upgrade to a package that you pay for, but it's less headache that figuring out your own taxes.) I've used this one ever since my family began itemizing. https://www.taxactonline.com/ If you have kept up with your business records, you should be able to get through the questionaires. If your business records are incomplete, an accountant would charge you a pretty penny to get it in order anyway.

Question: duteis and responsibilities of a cost accountant in a manufacturing industry? what are duties and responsibilities of a Cost Accountant in a manufacturing process oriented company or factory. ICWA norms need to be implemented while discharging duties and responsibilities indicated above.

Answer: I'm not gonna lie, I am NOT a cost accountant thank goodness. But I work in our accounting dpt. and see him alot, he never really seems too busy though. General duties for him are: overseeing inventory checks and audits, obviously maintaining accurate T-accounts for Raw Materials/WIP/Finished Goods, Labor, Shipping, Customs & Duties, Overhead and everything else that goes into COGS. Also he helps determine pricing since we distribute product at different prices to different customers. Other than that I think he mostly just sits on his computer and plans his vacations.

Question: How much would an accountant cost in the USA? My company is based in Belfast, Northern Ireland. And we are looking to expand to somewhere in America and I have been put in charge of researching all the details. One thing I cant find is approximately how much would it cost to pay an accountant in the USA to do all the companies accounts over there? Any rough estimate would be appreciated! Thanks

Answer: Look for C.P.A. (Certified Public Accountant) firms in the state where you are planning to do business, Accountants like attorneys charge or bill per hour, the prices vary so you should contact various firms. You might want to consider hiring someone full time, salary will depend on the location and experience. You can look for CPA firms here: http://www.yellowpages.com/ More resources: http://www.goodaccountants.com/ http://www.cpadirectory.com/

Question: About how much does an accountant cost? How much does an accountant cost for a small business (1 employee)? And if you do hire someone can they just come in and set things up for you like a one-time deal and then you can take it from there?

Answer: Accountants get paid by the hour. So the more work they do, the more the charge. Get a couple of quotes and find someone you are comfortable can help you grow your business.

Question: What does being a cost accountant entail? Alot of numbers or more logical thinking? I have my Bachelor's in math and statistics and my Master's in finance......just wondering if a career change would be a good idea (currently working as a regular accountant)

Answer: Cost accountants do a lot more financial analysis with ratios, trending, stats etc than regular accountants.... a math and stats person fits perfectly into the mold.... from my experience most cost accountant types are in the realm of financial planning/budgeting for companies

Question: how much will it cost to hire an accountant ? I have been selling on ebay and have been making huge profits and from what I hear I need to file and pay self employement taxes. I know nothing about taxes . do anyone know the cost for an accountant.

Answer: I don't know they cost of one in your area but be prepared for at least $75-$100 an hour. Please be sure that they are licensed to do taxes and have the proper insurance. There are many fly by nighters that will just take your money and the IRS have ya