We at Institute have also started this planning exercise. The idea is to develop new approaches for sustainable growth of the profession of Cost and Management Accountancy. Management Accountancy is a complex activity requiring knowledge of diverse fields. It is must for professionals like CMAs to meet the expectation of the society.

Provisional Rank List of FINAL Exam (Dec-2012 Term) Provisional Rank List of INTERMEDIATE Exam (Dec-2012 Term)

CAS – 15 COST ACCOUNTING STANDARD ON SELLING AND DISTRIBUTION OVERHEADS The following is the COST ACCOUNTING STANDARD -15 (CAS-15) issued by the Council of The Institute of Cost Accountants of India on “SELLING AND DISTRIBUTION OVERHEADS”. In this standard, the standard portions have been set in bold italic type. These are to be read [...]

The economic growth of any country has a significant impact on the lives of its citizens. It determines the standard of living of its people. India’s rate of economic growth was not remarkable last year. The reasons are mainly high inflation, huge fiscal deficit and slow industrial productivity.

Notification                Date- 01.01.2013 No. CMA (2)/2013:  In exercise of powers conferred by Regulation 146 of the Cost and Works Accountants Regulations, 1959, the Council of the Institute of Cost Accountants of India hereby issues The Cost Accountants’ Chapters Bye-laws, 2013 with effect from 1st January, 2013 repealing the earlier Bye-laws called The Cost Accountants’ Chapters [...]

Towards a service to our members, the Institute has provided FREE OF COST to its members an XBRL Software Tool for creation of Instance Documents of Cost Audit Report and Compliance Report using Costing Taxonomy and Business Rules published by the Ministry of Corporate Affairs for e-filing of these reports in XBRL Format. The Software Tool can be downloaded from the Institute website.

The present day businesses are run by brands. It may be in the form of name, symbol, term, sign, design or any combination of these and signifies the services of any business and differentiates it from another. Branding is the visual voice of any enterprise. We CMAs have a glorious history of service to the nation. This does not mean that we do not need a brand.

No Objection Certificate (NOC) from the concerned regulator/Institute for LLP Name approval/incorporation General Circular no. 40/2012, dated 17-12-2012 In continuation of this Ministry’s Circular No. 2/2012, dated 1st March, 2012 on registration of companies or LLPs where one of their objects is to carry on the profession of Chartered Accountant, Company Secretary, Cost Accountant, Architect, [...]

Incorporation of company – 7. (1) There shall be filed with the Registrar within whose jurisdiction the registered office of a company is proposed to be situated, the following documents and information for registration, namely:— (a) the memorandum and articles of the company duly signed by all the subscribers to the memorandum in such manner as may be prescribed;

We, the Cost and Management Accountants, also need to Invest to serve the community. But there is a difference between the investment of a businessman and a professional Accountant. The Investment of a businessman mainly comprises monetary matters whereas the investment of a CMA comprises time. We have to invest our time to enhance our competencies and better serve the society. This can be done by acquiring knowledge about the current changes as the present day economy is vibrant and volatile.