Cost Accounting ProfessionMy name is ______ and I am working with _____ company. I have been working with the company from last 2 years as Cost Accountant Assistant. I hold the degree of certified Management accountant from the institute of certified cost and management accountant (ICCA) under the state of Delaware. Accounting as professionI had a strong inclination for accounting which helped in pursuing this career. The accounting profession is the most trusted profession after the medical profession and it plays a considerable role in delivering public value. To improve the current position of accounting profession, the global accountancy body shall demonstrate the ethical behavior and transparency in their area of operation. The present state of accounting profession demonstrates the requisite qualities of professionalism, competence, good service provision, knowledge and independence. The current state of the accounting profession can be further improved if global accountancy body shall start:Contributing further to the economic development.Contribution towards the development of society.A common standard for financial regulation shall be followed across the world.Global accountancy body presents itself as a trusted organization.Promote good corporate governance.As per a survey, the accounting profession is rated highly in respect of demonstration