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The “Corporate Mitra” Shift: A Threat or an Evolution for CAs, CSs and CMAs?

CA, CS, CMA : The reform shifts routine compliance to para-professionals, creating fee pressure and client shifts. Professionals must move towar...

April 18, 2026 1092 Views 0 comment Print

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 1728 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 17154 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 22113 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 5049 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 5523 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 1947 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 438 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 441 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 324 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 3696 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 16680 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 6501 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 32529 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 1431 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 1, 2026 267 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 942 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 2685 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 879 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 1044 Views 0 comment Print


Cost accountants body to set up centres for filing e-returns

April 16, 2010 981 Views 0 comment Print

Apex cost accountants body ICWAI today said it will set up centres for filing returns and tax-related documents electronically. Under an agreement signed with Central Bureau of Excise and Customs (CBEC), the Institute of Cost and Works Accountants of India (ICWAI) will provide facilitation centres across the country for e-filing of returns and documents to the central excise and service tax assesses.

Press Release and Salient features of MOU signed by ICWAI with CBEC on 13.4.2010

April 15, 2010 822 Views 0 comment Print

The Institute of Cost and Works Accountants of India (ICWAI) and Central Board of Excise & Customs have signed a Memorandum of Understanding (MOU) on 13th April, 2010 to set up ACES Certified Filing Centres (CFCs) across the country. These CFCs can be set up and operated by the Members of ICWAI, who have valid certificate of practice issued by the ICWAI.

ICWAI invites Member’s comments invited on Exposure Draft of CAS on Cost of

April 7, 2010 477 Views 0 comment Print

The Council of The Institute of Cost and Works Accountants of India has approved the release of Exposure Draft Cost Accounting Standards on Cost of Service Cost Centres as recommended by the Cost Accounting Standards Board (CASB), the standard-setting body of the Institute on March 27, 2010.

ICWA southern region placement- 100 picked out of 450 candidates

April 6, 2010 2058 Views 0 comment Print

The Institute of Chartered and Works Accountants of India (ICWAI) southern region saw salary remaining at the same levels as last year, despite an economic recovery. Out of the 450 candidates who appeared for the campus placement, only 100 were selected.

Six Cost Accounting standards Mandatory from 1st April 2010

March 14, 2010 1131 Views 0 comment Print

Ten cost accounting standards have been formulated, six of them are mandatory, which will come into effect from April 1 and three more are likely to be added, according to Mr K. Narasimha Murthy, Director of IDBI and LIC Housing Finance.

For ICWAI students June 2010 will be Last attempt under old Syllabus

March 11, 2010 585 Views 0 comment Print

The last examinations under SYLLABUS 2002 would be held in June 2010. From December 2010 term onwards, examinations shall be held only under the REVISED SYLLABUS, 2008

Download Compilation of Suggested Answers Professional Competence Course( PCC) Cost Accounting

March 9, 2010 1356 Views 0 comment Print

CHAPTER 1 – BASIC CONCEPTS, CHAPTER 2 – MATERIAL, CHAPTER 3 – LABOUR, CHAPTER 4 – OVERHEADS, CHAPTER 5 – NON INTEGRATED ACCOUNTING, CHAPTER 6 – METHOD OF COSTING (I), CHAPTER 7 – METHOD OF COSTING (II), CHAPTER 8 – STANDARD COSTING, CHAPTER 9 – MARGINAL , cOSTING, CHAPTER 10 – BUDGETS AND BUDGETARY CONTROL

“India redefined…. CMAs with the difference”

February 6, 2010 492 Views 0 comment Print

Eastern India Regional Council of the Institute of Cost & Works Accountants of India is organizing the “Regional Students Conference” at ITC Fortune, Kolkata on 14th February, 2010. The theme of the Conference is “India redefined…. CMAs with the difference”.

Mandatory application of Cost Accounting Standards, w.e.f. 1st April 2010

January 10, 2010 2816 Views 0 comment Print

The Council of the ICWAI at its 251st Meeting held on 12-13 February 2009 and 258th Meeting held on 14th December 2009 decided as below: Mandatory application of Cost Accounting Standards “RESOLVED THAT the following Cost Accounting Standards shall be mandatory with effect from period commencing on or after 1st April 2010 for being applied for the preparation and certification of General Purpose Cost Accounting Statements.

SEBI made it compulsory for credit rating agencies to have internal audits

January 9, 2010 1015 Views 0 comment Print

The internal audit to be conducted on a half-yearly basis by chartered accountants, company secretaries or cost accountants, and will cover all aspects of CRA operations and procedures, including investor grievance redressal mechanism, the regulator said in its circular. The report will have to state the methodology adopted, deficiencies observed and consideration of response of the management on the deficiencies. Besides a summary of operations and of the audit, covering the size of operations, number of transactions audited and the number of instances where violations were observed will also have to be stated.

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