The article focuses on the selection and educational training of cost accountants. Each year thousands of young men and women are graduated by the secondary schools and take their places in the financial and industrial world. In recent years a test has been developed that indicates with little degree of doubt whether an individual's interest lies in the things which are important for a given profession or business. This test, called the Strong Test, has been extensively used in recent years. The Scholastic Aptitude Test used for college entrance is composed of two parts, the mathematical and the verbal. The mathematical test measures accuracy speed, and the ordinary use of figures. The verbal test measures the general information of the student and his ability to deal with facts. The selection and training of men for the accounting profession resolves itself into three areas, the modernization of the selection process, the broadening of the training, and the procurement of qualified instructors.