The duties of a cost accountant include budgeting, cost management, performance evaluation and asset management within a company or organization. They may work with corporate executives to make a strategic financial plan for the company, or they may prepare financial reports for tax authorities, creditors, stockholders and regulatory agencies. Cost accountants may advance to higher-level positions within the management accounting world, such as Finance Director, Financial Controller, Chief Financial Officer, Cost Controller and Chief Internal Auditor among many other important positions.