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Through the University of Phoenix's Program Map, I realized that internal and external analysis and reporting and technology are among the most important competencies. Developing these functional competencies should be of value to my current position of Cost Analyst, in turn opening more career opportunities to me.
Professional accountants should be able to prepare external reports that are clear, concise, and objective. The key task for the cost accountant is contributing information to a company's external financial reports that are used by external stakeholders. In many cases where the main accounting function is perceived to be financial reporting, the other tasks of the cost accountant may be subordinated to providing various types of information for these external reports...
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