A Cost Accountant (CWA/ICWA) is a professional accountant by virtue of his/her being a member of the professional body of accountants conducting the cost accountancy course.
Cost Accountants carry on professional practice as Cost Accountants either individually or as a firm (in partnership with other cost accountants). They are mostly found working as employees/consultants in organisations. Some carry on professional practice and work as employees/consultants in organisations part time.