CMA

How to Prepare for CA CS CMA Examination – Plan, Tips & Strategy

CA, CS, CMA - 1. Find out what’s in the exam First of all, figure out the length of your course content and prepare yourself mentally. 2. Study Material Try and develop a sense to figure out excess study material from the exam point of view and cross that material immediately in your book. Study Material provided by the […]...

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Why Partnership Firm is better suited for Practicing CA, CS & CMA?

CA, CS, CMA - If you want to walk fast, walk alone. But if you want to walk far, walk together. – Ratan Tata Let us first go through this data published Professional Development Committee ICAI  February-2019 edition, where almost 70% CA practicing as a Proprietorship firm and around only 3% partnership firm having more than 6 partners. There [&h...

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STRATEGIC USE OF TECHNOLOGIES – AI & ML for Professionals

CA, CS, CMA - STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […...

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FAQ on certified copies of answer sheets under RTI

CA, CS, CMA - To establish and follow the law laid down by Supreme Court in the judgement ICSI Vs. Paras Jain, ICAI appointed CPIOs exclusively for providing certified copies under RTI dated 29th Aug 2019....

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Root Cause Analysis | Structured problem solving

CA, CS, CMA - Root Cause Analysis (RCA) is one of a group of classic methodologies known as structured problem solving. Today, we find that RCA is one of the hottest topics in the world of audit and accounting. It is also very much vibrant from the data shared by Future of Jobs Survey 2018, World Economic Forum that […]...

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Merging of CMA Intermediate and Final Examinations, 2020

CA, CS, CMA - THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (STATUTORY BODY UNDER AN ACT OF PARLIAMENT) CMA BHAWAN 12, SUDDER STREET, KOLKATA – 700 016. Telephones : +91-33- 2252-1031/1034/1035 + 91-33-2252-1602/1492/1619 + 91-33- 2252-7143/7373/2204 Fax : +91-33-2252-7993 +91-33-2252-1026 +91-33-2252-1723 Website : www.icmai.in Ref. No. G/128/2/8/2020 ...

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Additional Examination Centres for CMA Students

CA, CS, CMA - While considering the ongoing COVID-19 pandemic and in the interest of the well - being of students & members and to mitigate their hardships, as proactive measure for benefit and welfare of the students & members, it has been decided to open Additional Examination Centres, provided that sufficient number of candidates offer themselves to...

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Online home based CMA Foundation June, 2020 Examination

CA, CS, CMA - The Institute of Cost Accountants of India has decided to conduct Foundation Examination of June, 2020 in home based online mode due to pandemic Novel Corona Virus (COVID-19) to ensure the interest of all the stakeholders and in particular the candidates/students. All candidates/students are encouraged to appear in the Foundation Examinat...

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Illegal use of acronym “ICAI” by Institute of Cost Accountants of India

CA, CS, CMA - Any unauthorised/illegal use of the acronym `ICAI' by any person/entity amounts to infringement of Trade Mark vested in the Institute of Chartered Accountants of India (ICAI) as well as in contravention of other provisions of the Chartered Accountants Act, 1949....

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Use of acronym ICAI by Institute of Cost Accountants of India

CA, CS, CMA - This section in no way refers to the Acronym ICAI. The Institute of Cost Accountants of India in no way has used a Name or Common Seal which is identical with the name or the common seal of the Institute of Chartered Accountants of India. Thus, the alleged violation is completely wrong....

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Cost Accountants in practice cannot work as MD in a company

Ashok B. Nawal Vs ICWAI (Appellate Authority) - It was clear that despite knowing the fact that Managing Director (MD) was not allowed under the CWA Act, the Respondent had accepted the position of MD and also protecting the same. ...

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Order of Chennai High Court in the matter of Use of Trademark ‘ICAI’

V. Venkata Siva Kumar Vs Institute of Cost Accountants of India (Madras High Court) - V. Venkata Siva Kumar Vs Institute of Cost Accountants of India (Madras High Court) The petitioner seeks for a mandamus directing the first respondent to strictly comply with Sec 2(2) of Cost and Works Accountants Act 1959 as amended and desist from encroaching into the domains earmarked for the thi...

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CAs lost battle against CMAs on Co-Operative Society Audit issue

Karnataka State Chartered Accountants Association, Bangalore & Ors. Vs The State of Karnataka, Department of Co-operation & Ors. (Karnataka High Court) - It is the case of the petitioners that succumbing to the pressure of lobbying and political pressure, brought by the members of the Cost Accountants fraternity, the State Legislature sought to bring a further amendment to Section 63 of the KCS Act, by Act no. 35 of 2014....

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HC Order allowing CA, CMA and CS to appear before VAT Authorities

Tax Lawyers Association Lko.Throu General Secy.& Anr. Vs State Of U.P. Thru. Prin. Secy.Tax & Registration U.P.Lko.& Ors (Allahabad High Court) - the writ petition, which has been admitted by an order passed the Division Bench on 6 August 2014, there is a challenge to the validity of Rule 73 of the U.P. Value Added Tax Rules, 2008 on the ground that they are ultra vires the provisions of the U.P. Value Added Tax Act, 2008 and the Advocates A...

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CMA Examinations for June 2020 Term to commence from 01.09.2020

Ref. No. G/128/6/2020 - (21/06/2020) - CMA Foundation, Intermediate and Final examinations that were scheduled from 20th-28th July, 2020 will now commence from 1st September, 2020....

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ICMAI mandates 15 Month Practical Training for students

Ref. No.: G/128/1/2019-2020 - (14/01/2020) - 1. Under this scheme students are required to undergo a Practical Training for at least 15 months instead of 6 months. 2. This training scheme will be applicable for the students registering in Intermediate Course for the December 2020 term examination onwards....

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Change in Constitution of Appellate Authority under CA, CS, CMA Laws

Notification No. G.S.R. 413(E) - (10/12/2016) - Central Govt makes further amendments in notification of Govt of India by which it notified Constitution of Appellate Authority under CA, CS & CMA Laws...

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No further deferment of Standard on Auditing 701 (SA 701): MCA

F. No. 01/33/2013-CL.V (Pt.) - (12/04/2019) - Further deferral of SA 701 cannot be permitted and it remains applicable for audits of financial statements for periods beginning on or after 1st April, 2018:‑(i) SA 701 was issued in May, 2016 with applicability for all audits of the year 2017-18 onwards. On the grounds of lack of adequate time f...

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Elections of councils of Institute of Cost Accountants of India

No. EL-2019/1, No. EL-2019/2, No. EL-2019/3, No. EL-2019/4, No. EL-2019/5, No. EL-2019/6, No. EL-2019/7, No. EL-2019/8, No. EL-2019/9 - (26/03/2019) - THE INSTITUTE OF COST ACCOUNTANTS OF INDIA NOTIFICATION Kolkata, the 26th March, 2019 ELECTIONS TO THE COUNCIL AND THE REGIONAL COUNCILS, 2019 The present (four-year) term of the Nineteenth Council will come to an end on July 21, 2019. For the purpose of constituting Twentieth Council on July 22, 20...

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Recent Posts in "CMA"

Merging of CMA Intermediate and Final Examinations, 2020

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (STATUTORY BODY UNDER AN ACT OF PARLIAMENT) CMA BHAWAN 12, SUDDER STREET, KOLKATA – 700 016. Telephones : +91-33- 2252-1031/1034/1035 + 91-33-2252-1602/1492/1619 + 91-33- 2252-7143/7373/2204 Fax : +91-33-2252-7993 +91-33-2252-1026 +91-33-2252-1723 Website : www.icmai.in Ref. No. G/128/2/8/2020 ...

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Posted Under: CA, CS, CMA |

Additional Examination Centres for CMA Students

While considering the ongoing COVID-19 pandemic and in the interest of the well - being of students & members and to mitigate their hardships, as proactive measure for benefit and welfare of the students & members, it has been decided to open Additional Examination Centres, provided that sufficient number of candidates offer themselves to...

Read More
Posted Under: CA, CS, CMA |

Online home based CMA Foundation June, 2020 Examination

The Institute of Cost Accountants of India has decided to conduct Foundation Examination of June, 2020 in home based online mode due to pandemic Novel Corona Virus (COVID-19) to ensure the interest of all the stakeholders and in particular the candidates/students. All candidates/students are encouraged to appear in the Foundation Examinat...

Read More
Posted Under: CA, CS, CMA |

Illegal use of acronym “ICAI” by Institute of Cost Accountants of India

Any unauthorised/illegal use of the acronym `ICAI' by any person/entity amounts to infringement of Trade Mark vested in the Institute of Chartered Accountants of India (ICAI) as well as in contravention of other provisions of the Chartered Accountants Act, 1949....

Read More
Posted Under: CA, CS, CMA |

How to Prepare for CA CS CMA Examination – Plan, Tips & Strategy

1. Find out what’s in the exam First of all, figure out the length of your course content and prepare yourself mentally. 2. Study Material Try and develop a sense to figure out excess study material from the exam point of view and cross that material immediately in your book. Study Material provided by the […]...

Read More
Posted Under: CA, CS, CMA |

Use of acronym ICAI by Institute of Cost Accountants of India

This section in no way refers to the Acronym ICAI. The Institute of Cost Accountants of India in no way has used a Name or Common Seal which is identical with the name or the common seal of the Institute of Chartered Accountants of India. Thus, the alleged violation is completely wrong....

Read More
Posted Under: CA, CS, CMA |

Advisory on Disclosures in Audit Report amid COVID19

Impact of COVID19 Lockdown on the Operations of the Company and Resumption of Operations post COVID19 Lockdown- The Operations of the Company during the year ended 31st March 2020 were marginally / seriously affected due to Lockdown announced by the Central / State Governments in the month of March 2020 due to the outbreak of Novel Corona...

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Posted Under: CA, CS, CMA | ,

CMA Examinations for June 2020 Term to commence from 01.09.2020

Ref. No. G/128/6/2020 (21/06/2020)

CMA Foundation, Intermediate and Final examinations that were scheduled from 20th-28th July, 2020 will now commence from 1st September, 2020....

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Include CMA services in Desk Review system of GST Audit

In Desk Review, CMAs can also be a good assistant to CBIC and can guide to Govt. Officials which documents are necessary to scrutiny and review properly before field visit according to nature of business which in result will prevent revenue leakage of Govt....

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Posted Under: CA, CS, CMA |

Why Partnership Firm is better suited for Practicing CA, CS & CMA?

If you want to walk fast, walk alone. But if you want to walk far, walk together. – Ratan Tata Let us first go through this data published Professional Development Committee ICAI  February-2019 edition, where almost 70% CA practicing as a Proprietorship firm and around only 3% partnership firm having more than 6 partners. There [&h...

Read More
Posted Under: CA, CS, CMA |

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