Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: TDS :: empanelment :: VAT RATES :: ACCOUNTING STANDARDS :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: due date for vat payment :: ACCOUNTING STANDARD :: cpt :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
« News Headlines »
 Filing of online return for 4th quarter of 2016-17 — extension of period thereof
 CBDT simplifies ITR filing process from FY18
 Govt extends service tax return filing date to April 30
 No move to tax farm income, clarifies Arun Jaitley
 New board for indirect taxes to become operational from June 1
  9 changes that came into effect from April 1
 First time filing income tax? Here's all you need to know about Form 16 and Form 26AS
 New Opening Financial Controller Chartered Accountant (Manufacturing Plant) A Leading Company
 Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ
 How to benefit from investments in tax saving mutual funds
 60 per cent of income tax notices on fishy cash deposits returned

ICAI to open 10 more CoEs
January, 24th 2012

Cost competitiveness needs to be made as an integral part in every company, according to M Gopalakrishnan, president of the Institute of Cost Accountants of India (ICAI).

After inaugurating the institutes new CoE here on Sunday, he said CoEs were being planned in Kolkata, New Delhi, Mumbai, Bangalore, Chennai, Pune, Jaipur, Bhubaneswar, Bhopal and Nagpur.

As compared to accounting, the role of a cost and management accountant is multi-dimensional, he said, terming chartered financial accounting as a kind of post-mortem.
The name change to Institute of Cost Accountants of India (from Institute Cost and Works Accountants of India)) is a New Year gift as far as the ICWAIs 50,000-odd members are concerned, he said.

This would enable them to use the designation Associate Cost and Management Accountant (ACMA) and Fellow (FCMA) henceforth, he said, adding that the function of ACMAs and FCMAs could best be described as predictive and their role revolved around looking into the future and fore-casting costs.

According to ICAI's vice-president Rakesh Singh, being a CMA meant going one step further. That is the key. And while cost escalation and variations had to be considered, the difference in pricing cannot be more than 20 per cent, he said, recalling that the institute had done a study four years ago and prescribed Standard Treatment Guidelines and Protocol for hospitals.

Central Council Member of the Institute, AS Durgaprasad said with the new CoE, Hyderabad had paved the way for other state chapters to follow. The first project to be taken up was to work on Risk management in pharmaceutical sector with particular focus on volatility in price due to the dollar variation and competition from China. A Special Interest Group (SIG) was constituted for the purpose as was another for the infrastructure sector, he said

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions