A New Paradigm in Cost Management

Society of Cost Management

Society of Cost Management Blog

Your End of Year Resolution: Keep In Touch

Posted on by Michael Fournier

With all of the exciting things we have planned for 2015 and beyond, please logon to our site at www.costmgmt.org and make sure your email address and other info is current, so you wont miss any of the new developments.

So if you have  changed companies or just your email address, please let us know, or if you have never signed up there is sstill time to join at  no cost.  Thanks

Posted in Career and Networking, Society of Cost Management
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SCM, Four Years in Business, And An Exciting Look Ahead

Posted on by Michael Fournier

Some of what you have to look forward to with the Society of Cost Management

Self Study Guide

Publication of our Self-Study Guide, with mostly free resources to upgrade your
professional skills, availabl now at:

Accounting Taxonomy & wiki

The guide to everything Management Accounting and placing it in contest with
definitions and showing its place on the costing continuum.

Standard Cost

Almost ready for publication, a free resource with guidelines and best practices for
using standard cost.  Yes we know, but it is still here and most young professionals are not learning how to use standard cost.

A Virtual Conference

In the near future, a webcast on the future of costing with some of the best minds
in the business.

Software Utilization

Since software is such an important aspect of our jobs, the Society of Cost Management will bring to you

Social Networking

A Ning like community to meet other Cost Management professionals.  Hold discussions, create groups, post events, and share your professional insights with other SCM members.

Bridging the Education Gap

The Society of Cost Management wants to help eliminate the gap between what practitioners are doing and what is being taught in universities.  As we think of ways to close the gap, we will bring new ideas to you first.

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Cost Accountant – Alliance Search Group

Posted on by Mary

Seeking a Cost Account for a global manufacturer. 5 yrs experience of standard cost accounting experience, BS Accounting or equivalent work experience. In-depth knowledge of ERP systems, SAP required. Intermediate or advanced Excel and basic Work skills. Strong compensation and benefits package! Contact Mary Jones, VP Alliance Search Group Inc @MEJns@aol.com.

Posted in Job Postings
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What Does It Mean To Be A Management Accountant Where You Are?

Posted on by Michael Fournier

You hear me drone on and on about what it is like to be a Management Accountant in the United States. Basically, at least for the moment, Management Accountants are subordinate to Financial Accountants, the Controller or a Finance Director is probably a CPA. The term Management Accountant has never really caught on, most of us are called Cost Accounants, and there is a limited career path. The Institute of Management Accountants no longer supports us in a big way, choosing to become a ‘Strategic Finance’ membership group some years ago. Cost Accountants typically work in manufacturing, almost every manufacturing location has at least one, although the profession is expanding into other industries who are learning their need for accurate costing.

What is Management Accounting like where you are? We have many members in Asia and the Middle East, and since the profession varies by country, we would like to know what you are doing. Thanks.

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