Why does a cost accountant hold an important position in any organization?

Why does cost accountant hold an important position in any organization?

Cost accountants are required for the following purpose.

1. To upkeep the cost records and Cost audit u/s233B of Companies Act, 1956.
2. Valuation audit under Central Excise Act.
3. Audit under Vat and Special audit under Customs Act.
4. To determine the product prices.
5. Tax consultant.
6. Project planning or financial adviser.