Abstract: The study reveals the compatibility of cost accounting processes for business companies in improving profitability. Different business companies hire efficient employees and financial managers for reducing operational expenses as it leads to an improved profit margin. The process of cost accounting is all about examining the cost spent on different activities and operations of business companies. It helps businesses to identify unprofitable spending and eliminating that activity is portable for the companies. This specific study sheds light on the advantages and contribution of the cost accounting process to the improvement of portability and overall productivity of business companies. In regard to this, several methods are used such as the primary sources which led to the conduction of a survey for gathering genuine data. The survey was conducted among 51 financial managers of different companies with a total of 10 questions. Further, SPSS software has been used for generating statistics and evaluating them with graphical presentation which enhances the significance of this study. As a result, it is identified that cost accounting is one of the most significant business practices that positively impacts the profitability of the companies. Along with that, complexity of the procedure is one of the major challenges of the cost accounting process as per the findings.

Keywords : Complex Process, Cost Accounting, Financial Growth, Financial Stability, Profitability.