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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 1359 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 9114 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 969 Views 0 comment Print

प्रोफेशनल स्वस्थ कैसे रहें

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

March 25, 2024 2055 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 5556 Views 0 comment Print


Latest News


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 243 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 1968 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 327 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 564 Views 0 comment Print

FAQs on UDIN for Practicing Cost Accountants/CMAs

CA, CS, CMA : Frequently Asked Questions on Unique Document Identification Number (UDIN) (Updated as on March 30, 2023) Q.1 What is Unique Docum...

April 6, 2024 8916 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 3021 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 16098 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 4689 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 31734 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 1140 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 1170 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 4926 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 513 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 3306 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 2730 Views 0 comment Print


CWA and CAT December 2010 Exams Admit Card/Hall Ticket available for download – ICWAI

December 5, 2010 420 Views 0 comment Print

CWA and CAT December 2010 Exams Admit Card/Hall Ticket available for download official links of ICWAI . CWA Exam Admit Card/Hall ticket – Download Link CAT Exam Admit Card/Hall ticket – Download Link Any problems/Queries regarding Hall tickets – h

Initial draft of guidance note on cost accounting standard on material cost (cas-6)

December 4, 2010 390 Views 0 comment Print

The Secretariat of the CASB of ICWAI has drafted the Initial Draft of Guidance Note on Cost Accounting Standard – 6 on Material Cost (CAS – 6). The proposed initial draft shall be modified in light of comments received before being forwarded to the C

ICWA in a Historic Accord with Russian Accounting Institute

September 25, 2010 594 Views 0 comment Print

The Institute of Cost and Works Accountants of India (ICWAI) and the Institute of Professional Accountants and Auditors of Russia (IPAR) have signed a Memorandum of Understanding in Moscow in the presence of Shri R. Bandyopadhyay, Secretary, Ministry

Parliamentary standing co­­m­mittee rejects renaming of ICWAI to ICMAI

September 8, 2010 681 Views 0 comment Print

Renaming is not a simple exercise in the world of chartered accountants. The parliamentary standing co m mittee on finance headed by fo rmer finance minister Yashwant Si n ha has rejected the demand of the Institute of Cost and Works Acco untants of

ICWAI President's Message – September 2010

September 7, 2010 312 Views 0 comment Print

My Greetings to all fellow Indians on the 64th Independence Day. I had the privilege of hoisting the National Flag at the ICWAI, H.Q, Kolkata in the presence of Council Members and officials of Kolkata Office. I am also happy to note that similar cel

New President of ICWAI

July 26, 2010 777 Views 0 comment Print

B M Sharma new ICWAI prez, M Gopalakrishnan elected VP. The Institute of Cost and Works Accountants of India (ICWAI) today said that B M Sharma has been elected as its president for the year 2010-2011. Sharma, who replaces G N Venkataraman, was earlier the vice president of the cost accounting regulator, it said in a statement.

Afresh attempt of ICWAI to rename its organisation to ICMAI fumes ICAI

July 18, 2010 6127 Views 0 comment Print

ICAI has expressed its serious concern to rename the ICWAI body to a name identical to Institute of Chartered Accountants of India. The matter of renaming Institute of Cost & Works Accountants of India proposed to name Institute of Cost & Management Accountant of India has been resurfaced again because of sub-clause II of clause (i) of Section 3 of the Cost and Works Accountants (Amendment) Bill, 2010 (Bill No. XXVI of 2010).

Shri Salman Khurshid Presents ICWAI 7th National award for Excellence in Cost Management

July 8, 2010 240 Views 0 comment Print

BHEL bags 7 awards while LG electronics wins the first award in Private Manufacturing (Large) Category-Shri Salman Khurshid, Minister of Corporate Affairs, here today presented the 7th National Award for Excellence in Cost Management- 2009. BHEL bagged 7 awards in different Categories while LG Electronics won the First Award in Private Manufacturing (Large) category. Shri R. Bandyopadhyay, Secretary, Ministry of Corporate Affairs also graced the occasion as Guest of Honour.

Members Comments are Invited on the the “Draft of ICWAI Members’ Handbook-A guide to members in employment and practice” latest by July 07, 2010

June 22, 2010 279 Views 0 comment Print

The PD Committee in its meeting held on 10th June 2010 at Bangalore has approved in principle the “Draft of ICWAI Members’ Handbook-A guide to members in employment and practice”. It was decided by PD Committee to seek feedback/ suggestions from the members by 7th July 2010. After analyzing these suggestions the PD Directorate will incorporate the same before putting up to Council in its meeting to held in July 2010 for final approval before printing.

Manufacturing companies with a paid-up capital of Rs 50 crores or more may be required to get their cost accounting records audited by a statutory cost auditor

May 31, 2010 916 Views 0 comment Print

Regulations regarding maintenance of cost accounting records and cost audit are likely to change. If the recommendations of the expert committee appointed by the Ministry of Corporate Affairs are accepted, all manufacturing companies with a paid-up capital of Rs 50 crores (500 million) or more will be required to get their cost accounting records audited by a statutory cost auditor.

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