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Comply without delay with timeline of Cost Audit 2023-24

CA, CS, CMA : Ensure timely compliance with the 2023-24 Cost Audit timeline. Promptly report any deviations to the Ministry of Corporate Affairs...

May 15, 2024 2166 Views 0 comment Print

Applicability & Non-Compliance in Cost Records/Audit: MCA Notices & ICMAI Advisory

CA, CS, CMA : Applicability of Cost Records and Cost Audit and Non-Compliance with various provisions with regard to Cost Records/Audit results ...

May 13, 2024 9693 Views 0 comment Print

Unlocking Success: Motivational Guide for CS, CA and CMA Aspirants

CA, CS, CMA : Starting the journey of becoming a Chartered Accountant (CA), Company Secretary (CS), or Cost and Management Accountant (CMA) is n...

March 30, 2024 1065 Views 0 comment Print

प्रोफेशनल स्वस्थ कैसे रहें

CA, CS, CMA : जानें कि एक स्वस्थ पेशेवर जीवनशैली कैसे बनाए रखे�...

March 25, 2024 2112 Views 0 comment Print

Efficient Client Management: Excel Proforma for CA/CS/CMA

CA, CS, CMA : Enhance client management for professionals like Chartered Accountants, Company Secretaries, and Cost Accountants using Excel-base...

August 16, 2023 6036 Views 0 comment Print


Latest News


53rd GST Council Meeting: Impact Analysis by ICMAI

Goods and Services Tax : Explore the impact of the 53rd GST Council Meeting recommendations, including waivers on interest and penalties under Section 73, ...

July 6, 2024 1263 Views 1 comment Print

CAS-2 (Revised 2024) Cost Accounting Standard on Capacity Determination

CA, CS, CMA : Explore revised CAS-2 (2024) standard for capacity determination, issued by Institute of Cost Accountants of India, ensuring consi...

May 18, 2024 402 Views 0 comment Print

Guidance Note on Inventory Valuation under Income Tax Act 1961

Income Tax : Learn how to prepare Inventory Valuation Reports under Section 142(2A) of the Income Tax Act, 1961 with our comprehensive Guidance...

May 10, 2024 2250 Views 0 comment Print

ICMAI Advisory: Unit of Measure & Cost Audit Report Submission

CA, CS, CMA : ICMAI issues advisory for members regarding Annexures in Cost Audit Reports & timely submission. Ensure compliance for statutory r...

May 10, 2024 522 Views 0 comment Print

MCA Invites Comments on Review of 5 Rules under CA, CWA and CS Acts

CA, CS, CMA : Ministry of Corporate Affairs invites comments on rules review under CA, CWA, and CS Acts. Participate in the consultation process...

April 19, 2024 621 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 3117 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 16176 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 4845 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 31794 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 1161 Views 0 comment Print


Latest Notifications


Constitution of Appellate Authority for CAs CSs and Cost Accountants

CA, CS, CMA : Discover the latest amendments to the Chartered Accountants Act by the Ministry of Corporate Affairs. Stay informed with the updat...

April 26, 2024 1308 Views 0 comment Print

Central Bank of India Scheme for CA/CS/CMA & other finance professionals

CA, CS, CMA : Discover Central Bank's Cent CA/CS/CMA scheme, offering attractive interest rates for finance professionals. Eligibility, benefits...

April 3, 2024 5358 Views 0 comment Print

ICMAI Withdraws Paper 5 Exemption for CAT Qualified Students

CA, CS, CMA : Important notification from the Institute of Cost Accountants of India: Exemption in Paper 5 - Business Laws & Ethics for CAT qual...

January 30, 2024 690 Views 0 comment Print

Inventory Valuation by Cost Accountants (CMAs) Draft Format released for comments

Income Tax : Inviting comments on the draft Form No. 6C for implementing the amendment made by the Finance Act, 2023 wrt Sub-section (2A) of th...

August 16, 2023 3573 Views 0 comment Print

Draft Cost and Works Accountants (Amendment) Regulations, 2023

CA, CS, CMA : The Institute of Cost Accountants of India (ICAI), established under the Cost and Works Accountants Act, 1959, is a statutory body...

August 1, 2023 2772 Views 0 comment Print


Govt ask ICAI, ICWAI and ICSI to take swift action against guilty members

January 8, 2011 345 Views 0 comment Print

The government has asked professional bodies of chartered accountants, company secretaries and cost accountants to act swiftly against their members arrested on criminal charges, slamming them for the laxity in taking disciplinary action. The corpor

Download Suggested Answers – November 2010 – Professional Competence Course [PCC]

January 6, 2011 1003 Views 0 comment Print

November 2010 suggested, Download Suggested Answers, Download Suggested papers, ICAI suggested, PCC suggested, Suggested for November 2010, Professional Competence Course, PCC, ICAI, Cost Accounting and Financial Management, Taxation, Information Technology and Strategic Management, Advanced Accounting, Auditing and Assurance, Law, Ethics and Communication

Download Suggested Answers – November 2010 – Integrated Professional Competence Course [IPCC]

January 6, 2011 23427 Views 0 comment Print

November 2010 suggested, Download Suggested Answers, Download Suggested papers, ICAI suggested, IPCC suggested, Suggested for November 2010, Integrated Professional Competence Course, IPCC, ICAI, Advanced Accounting, Auditing and Assurance, Information Technology and Strategic Management, Accounting, Business Laws, Ethics and Communication, Cost Accounting and Financial Management, Taxation

Government mandates cost audits for over 100 companies for financial year 2010-2011

December 30, 2010 399 Views 0 comment Print

The government has mandated cost audits for over 100 companies, covering a host of sectors including pharmaceuticals , fertilisers , steel and petroleum . Cost audit, which is a system of government scrutiny into a company’s production cost and profi

All about Cost Audit Branch under Ministry of Corporate Affairs

December 22, 2010 2664 Views 0 comment Print

Cost Audit Branch under the Ministry of Corporate Affairs is manned by professionals drawn from the Indian Cost Accounts Service (ICAS) and primarily deals with sections 209 (1) (d) and 233B of the Companies Act, 1956. The Branch, under section 209 (1) (d) formulates & notifies Cost Accounting Records Rules (CARRs) for various industries. Such rules prescribe the manner in which cost records are to be maintained by specified class of companies. The Branch also undertakes rationalization of existing CARRs to reflect the changes in technology, manufacturing processes and accounting standards.

List of Companies Liable to Cost Audit for the financial year 2010-11

December 22, 2010 1713 Views 0 comment Print

It is hereby informed that in exercise of the powers conferred by sub-section (1) of section 233B of the Companies Act, 1956 (1 of 1956), the Central Government has issued Orders to the effect that an audit of the cost accounting records maintained by the following companies be conducted for the year ending 31st March, 2011 and also for every financial year thereafter in respect of the products indicated there against:

ICWAI 8th National Award for Excellence in Cost Management – 2010

December 17, 2010 243 Views 0 comment Print

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 as follows : Public Sector – Manufacturing (Small, Medium and Large) Private Sector – Manufacturing (Small

ICWAI- Procedure to Obtain Duplicate Mark Sheet

December 12, 2010 922 Views 0 comment Print

A Duplicate Mark Sheet can be obtained on payment of Rs. 50/- only within a maximum period of 5 years from date of declaration of the concerned examination results. Duplicate Mark Sheet for the examination whose date of declaration of results is beyo

ICWAI President's Message of December 2010

December 11, 2010 390 Views 0 comment Print

I am happy to share with the members that Mr.Chandra Wadhwa, Past President of ICWAI made a presentation on the Role of Cost Auditors and maintenance of Cost Accounting Records in the regime of proposed Companies Bill, 2009. This seminar was attended

52nd National Cost Convention – 2011

December 10, 2010 321 Views 0 comment Print

We have pleasure to inform you that the 52nd National Cost Convention of The Institute of Cost & Works Accountants of India is being organized by Southern India Regional Council from 6th January,2011 to 8th January,2011 in the most happening city of Chennai the State Capital of Tamilnadu. The Students and Practioners Convention are also being organized on the 5th January 2011.

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