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CMA Rameshore Khanal takes over as Finance Minister of Nepal

CA, CS, CMA : Following anti-corruption protests, Ms. Karki becomes Nepal's first female interim prime minister. Her new cabinet includes Financ...

September 16, 2025 1602 Views 0 comment Print

Why Include Cost Accountants in Income Tax Definition?

Income Tax : Explore reasons to include Cost Accountants in the Income Tax Bill 2025. Understand their role, expertise, and the legislative int...

March 8, 2025 16887 Views 27 comments Print

7 Reasons to Include CMAs as “Accountants” in Income Tax Bill 2025

Income Tax : Explore why Cost Accountants (CMAs) should be included in the definition of "Accountant" under the Income Tax Bill 2025 for a comp...

February 19, 2025 21708 Views 26 comments Print

The Darkest Side of Direct Taxation Practice in India

CA, CS, CMA : Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability...

January 29, 2025 4977 Views 0 comment Print

How To Succeed When Luck is Unfavorable ?

CA, CS, CMA : Its quite normal to see people clearing Professional Exams like CA/CMA/CS with comparatively little efforts  and other student ...

September 15, 2024 1875 Views 0 comment Print


Latest News


ICMAI Restricts Misleading Ads to Protect Professional Integrity of Cost Accountants

Corporate Law : ICMAI introduced strict advertisement guidelines prohibiting exaggerated claims and misleading content. The framework ensures ethi...

March 30, 2026 5388 Views 0 comment Print

CAS-25 Cost Accounting Standard on Valuation of Inventory

CA, CS, CMA : CAS-25 standardizes principles for inventory valuation, including cost components and NRV rules. It applies from 12 February 2026 ...

February 17, 2026 1002 Views 0 comment Print

ICMAI Issues Draft Guidelines to Regulate Merger and Demerger of CMA Firms

CA, CS, CMA : ICMAI has proposed structured rules governing merger and demerger of CMA firms, including mandatory agreements, name freezing, and...

February 16, 2026 321 Views 0 comment Print

ICMAI Proposes Mandatory Registration and NRN for CMA Firm Networks

CA, CS, CMA : ICMAI requires prior approval of network names and submission of formal agreements through prescribed forms. Detailed provisions g...

February 16, 2026 270 Views 0 comment Print

ICMAI Proposes Name Change Rules for PCMA Firms with 2/3rd Partner Continuity

CA, CS, CMA : Proposed guidelines permit PCMA firms to change names with Council approval while retaining registration number and tenure, provid...

February 16, 2026 246 Views 0 comment Print


Latest Judiciary


No provision for re-evaluation of answer scripts in Cost Accountancy exams: HC

CA, CS, CMA : Kolkata High Court judgment on re-evaluation of answer scripts in Cost Accountancy exams. Analysis of regulations and court decisi...

November 25, 2023 3588 Views 0 comment Print

HC restrained Institute of Cost Accountants from using ‘ICAI’ acronym

CA, CS, CMA : Delhi High Court restrained Institute Of Cost Accountants Of India from using ICAI acronym, a trademark which stands registered in...

March 28, 2023 16614 Views 0 comment Print

CA, CS, CMA authorised to present case on behalf of client under RERA

Corporate Law : Sanjay Ghiya Vs Union Of India (Rajasthan High Court) Rajasthan High Court held that CHARTERED ACCOUNTANTS Or COMPANY SECRETARIES ...

April 28, 2022 6360 Views 0 comment Print

SC dismisses plea against use of acronym ‘ICAI’ by Institute of Cost Accountants of India

CA, CS, CMA : CA V. Venkata Sivakumar Vs. The Secretary, Institute Of Cost Accountants Of India Use of acronym ICAI by Institute of Cost Account...

July 19, 2021 32406 Views 10 comments Print

Who can use the acronym ICAI- HC to hear the matter on 27th July, 2021

CA, CS, CMA : Institute of Chartered Accountants of India Vs The Institute of Cost Accountants of India (Delhi High Court) Institute of Chartere...

June 3, 2021 1383 Views 0 comment Print


Latest Notifications


Amendment in Guidelines for CMA Members under CPE, 2024

Corporate Law : The amended guidelines mandate minimum CPE hours for all practicing members. Non-compliance will lead to discontinuation of the Ce...

April 6, 2026 132 Views 0 comment Print

Cost Accountants CPE Deadline Extended to March 2026

CA, CS, CMA : The Institute of Cost Accountants of India grants a final extension until March 31, 2026, for CoP holders to clear the mandatory C...

September 30, 2025 807 Views 0 comment Print

MCA notifies Appellate Authority Appointments for CA, CMA & CS Acts

CA, CS, CMA : The Ministry of Corporate Affairs (MCA) has updated member appointments for the Chartered Accountants, Cost Accountants, and Compa...

July 8, 2025 2553 Views 0 comment Print

Institute of Cost Accountants Updates HQ Location from Calcutta to Delhi

Corporate Law : ICAI amends 1959 regulations, replacing “Calcutta” with “Delhi” as the official head office location, effective April 25, ...

April 25, 2025 759 Views 0 comment Print

CA, CMA Election Tribunal Appointments by MCA – April 2025

Corporate Law : Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025....

April 17, 2025 882 Views 0 comment Print


CWA – Exposure Draft of Guidance Note on Maintenance of Cost Accounting Records for comments

March 3, 2012 567 Views 0 comment Print

The Technical Cell of National Task Force constituted by the Institute has approved the release of the Exposure Draft of Guidance Note on Maintenance of Cost Accounting Records. The proposed Guidance Note may be modified in light of comments/ suggestions received before being issued as Guidance Note in the final form.

CMA – President Communique, March, 2012

March 3, 2012 1033 Views 0 comment Print

1st February 2012, will be written in letters of gold in the annals of the Institute history, as it is the effective date from which the notification passed by the parliament for the change of name of the Institute to The Institute of Cost Accountants of India and to use the designated letters ACMA and FCMA came into effect. Immediately following that the Institute was also able operationalise the decisions taken by the Council to use the title CMA before the name to denote the profession

ICWAI 9th National Award for Excellence in Cost Management – 2011

March 1, 2012 465 Views 0 comment Print

ICWAI invites entries for participation in  ICWAI 9th National Award for Excellence in Cost Management – 2011 The Questionnaire is designed to obtain information on cost management practices for evaluation. Companies are free to participate in the Award Scheme either for the company as a whole or for each unit separately. The Award Categories are […]

Registration of Companies or LLPs to carry the business of banking, Insurance, Architect, CA, CS Needs Approval

March 1, 2012 1633 Views 0 comment Print

I am directed to say that at the time of incorporation of companies where one of the objects is to carry on the business of Banking, Insurance or to practice the profession of Chartered Accountancy, Cost Accountancy & Company Secretaries, then the concerned Registrar of Companies shall incorporate the same only on production of in-principle approval / NOC from the concerned regulator/professional Institutes.

53rd National Cost Convention- 2012

February 29, 2012 759 Views 0 comment Print

For the last couple of years many Corporate have been reporting on Sustainability and Sustainability Performance which includes social, environmental and economic results, which determines the overall stakeholder value.

Cost Accounting Body – Rules of Verification of Answer Papers

February 24, 2012 1036 Views 0 comment Print

A candidate can apply to the Institute within 30 days form the date of declaration of results of examination for verification of answer papers with a fees of Rs.250/- per paper. In case of verification of answer papers only mistake in totaling and omission to examine any answer are checked.

CWA – Examination Pattern for Foundation Course (Entry Level) Part-I from June 2012 onwards

February 22, 2012 2247 Views 0 comment Print

Examination Pattern for Foundation Course (Entry Level) Part-I from June 2012 onwards. Examination shall  have  Multiple Choice Questions to be answered/marked in OMR answer sheets. The Examination of Foundation Course (Entry Level) Part-I shall be held on a single day (Sunday) in two sessions Morning Session Paper I (10.00 am to 12.00 pm) Section A:- […]

ICWAI to hold first convocation and annual award function at Kolkata

February 20, 2012 3342 Views 4 comments Print

The first convocation and annual award function of The Institute of cost Accountants of India will be held on First March 2012 at 11.30 A .M. at Science City Auditorium , Kolkata.

Announcement for CAT Students regarding new Pattern of Examination and Structure of Foundation Course (Entry Level) Part-I

February 9, 2012 1240 Views 0 comment Print

New Pattern of Examination – Examination for Foundation Course (Entry Level) Part-I will consist of Multiple Choice Questions. Answers to the Multiple Choice Questions to be marked in Optical Mark Recognition ( OMR ) answer sheets. This pattern of examination will be applicable to all the students who are appearing for Foundation Course (Entry Level) Part-I in June 2012 and thereafter.

Guidelines for Conversion of Cost Accountants’ Firms into LLPs

February 7, 2012 2552 Views 0 comment Print

In terms of Council decision dated 22nd January, 2012, the following guidelines for conversion of Cost Accountants firms into LLPs and constitution of separate LLPs by the practising Cost Accountants have been finalized. They are applicable for conversion of Cost Accountants’ firms into LLPs or formation of new LLPs, by the members in practice of the Institute of Cost Accountants of India (ICAI) upon coming into force the provisions of the Cost and Works Accountants (Amendment) Act, 2011 (i.e. 1st February, 2012), subject to the provisions of the Limited Liability Partnership (LLP) Act, 2008 and Rules & Regulations framed thereunder:

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