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Latest Articles


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 1800 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 9510 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 1035 Views 0 comment Print

प्रोफेशनल स्वस्थ कैसे रहें

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

March 25, 2024 2100 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 5832 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 1080 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 333 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 2121 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 393 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 597 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 3069 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 16146 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 4779 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 31767 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 1152 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 1245 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 5133 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 603 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 3480 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 2760 Views 0 comment Print


CMA: Payment of Membership Fee & updation of Professional address

August 14, 2022 1071 Views 0 comment Print

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA Payment of Membership Fee and updation of Professional address Members are kindly aware that the fee for the year 2022-2023 has become due and payable on 1st April, 2022. The amount of Annual Membership fee is payable (along with 18% G.S.T) for which letters have been sent to […]

Disciplinary mechanism under CA, CMA & CS (Amendment) Act not yet brought into force

August 4, 2022 615 Views 0 comment Print

81 Sections of Chartered Accountants, the Cost and Works Accountants and the Companies Secretaries (Amendment) Act, 2022 have been brought into force w.e.f. 10th May, 2022. Provision pertaining to disciplinary mechanism have not been brought into force.

Cut-off-date for admission/registration/enrollment of CMA students extended

August 1, 2022 837 Views 0 comment Print

Cut-off-date for admission/registration/enrollment of students for December-2022 term of Examination is extended up to 10th August (Wednesday), 2022. In a similar line, the 2nd installment payment for students already admitted/registered/enrolled in Foundation/Intermediate/Final Course also stands extended up to 10th August (Wednesday), 2022 for December-2022 term of Examination. THE INSTITUTE OF COST ACCOUNTANTS OF INDIA Ref. […]

The Dawn Era of “CMA’s-Cost And Management Accountants”

July 23, 2022 2394 Views 0 comment Print

Explore the transformative era of Cost and Management Accountants (CMAs) in India. Discover how CMAs play a vital role beyond traditional accounting, contributing to strategic finance, performance management, corporate governance, and more. Dive into the dawn era of finance professionals!

Clarification on June term Exam by Institute of Cost Accountants of India

July 8, 2022 3210 Views 0 comment Print

The Institute of Cost Accountants of India Press Release Date 07/07/2022 This is for information of all concerned that 78000 students applied for the Online Intermediate and Final, June 2022 term examination of the Institute covering 210 centres across India and abroad. The attendance of the candidates was above 70% based on portal login count, […]

ICAI cost clarifies on social media rumours related to ongoing June exams

July 1, 2022 2850 Views 0 comment Print

Some miscreants are engaged in unwarranted and unnecessary posting or spreading rumours on social media about the online Intermediate and Final, June 2022 term of examination. The students are advised to follow only official notification from the official email id/website of the institute.

Exposure Draft of the Revised Standards on Cost Auditing (SCAs)

June 3, 2022 504 Views 0 comment Print

CAASB Request for Comments on Exposure Draft of the Revised Standards on Cost Auditing (SCAs) Second Proviso to Section 148(3) of the Companies Act, 2013 states that the auditor conducting cost audit shall comply with the cost auditing standards. As per ‘Explanation’ below this proviso, the expression ‘cost auditing standards’ mean such standards as issued by […]

Objection to speech by UP Dy. CM & CMA Brajesh Pathak targeting CAs

May 31, 2022 12180 Views 7 comments Print

CA & CMA Gulshan Gullu has taken Objection to the speech by Hon Dy. CM and fellow CMA Brajesh Pathak targeting Chartered Accountants and requested President of Institute of Cost Accountants of India (ICAI-CMA) to clarify whether the Institute endorse the statement of the speaker or not. 30.05.2022 To, CMA P. Raju Iyer President Institute […]

MCA notifies applicability of Several provisions of CA, CMA & CS Amendment Act

May 10, 2022 5109 Views 0 comment Print

MCA notifies applicability of Several provisions of Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022 with effect from 10th day of May, 2022. MINISTRY OF CORPORATE AFFAIRS NOTIFICATI ON New Delhi, the 10th May, 2022 SO. 2184(E).—In exercise of the powers conferred by sub-section (2) of section 1 of […]

5 Steps to run a Direct Tax Consultancy

May 2, 2022 5601 Views 0 comment Print

Learn how to run a direct tax consultancy in 5 simple steps. Start with freelancing and gradually build your customer base to offer tax smart strategies.

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