Cost accounting

What each level means

The P1–P5 scale is shared across every skill, but what each level means changes with the skill. This is what it looks like in practice.

1. P1

   Describes the process, controls, stakeholders and basic decisions involved in Cost accounting.

2. P2

   Executes standard Cost accounting activities accurately within established controls and escalates exceptions.

3. P3

   Owns complex Cost accounting cases/processes, improves controls and coaches colleagues.

4. P4

   Sets cross-team standards and governance for Cost accounting, integrating risk, metrics and stakeholder needs.

5. P5

   Defines enterprise strategy or external practice for Cost accounting and develops other experts.