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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Cost Management Competencies

Cost Management Competencies

Pry, Diana E.

Paperback

AccountingInvesting & FinanceManagement

ISBN10: 1025136292
ISBN13: 9781025136295
Publisher: Hutson Street Press
Published: May 22 2025
Pages: 156
Weight: 0.50
Height: 0.33 Width: 6.14 Depth: 9.21
Language: English

This research studied the application of cost management competencies in the financial management career field. The purpose was to determine how frequently these competencies are used by the financial analysts and how important they are in the analysts' work environment. To accomplish this research a mail survey was sent to 978 financial analysts across Air Force Materiel Command. Out of the 978 survey instruments sent, 535 were returned with useful data, for a response rate of 54.7 percent. From these surveys, 24 of the 49 competencies were identified as being valuable to financial analysts. The 24 competencies provide a framework for future education of the financial analysts. Additionally, 19 of the 24 competencies require education to the comprehension level of learning. Only five of the 24 most valuable competencies required achievement of an application level of learning. This result may provide insight for course directors faced with the challenge of appropriately structuring cost analysis courses.

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