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: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: form 3cd :: VAT RATES :: ACCOUNTING STANDARD :: empanelment :: articles on VAT and GST in India :: due date for vat payment :: VAT Audit :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
ICAI »
 Summary of MCA Notification dated 13.06.2017 to give further exemptions private companies as per Section 462 of the Companies Act 2013
 Exemption to Private Companies u/s 462 of The Companies Act 2013 as per Ministry of Corporate Affairs Notifications Dated 5th June, 2015 and 13th June, 2017
 Four Weeks Residential Programme to be held from 31st July, 2017 to 27th August, 2017 at Centre of Excellence, Hyderabad for Men Participants only.
 Next batch of the Certificate Course on Valuation at Bangalore from 15th July, 2017.
 CPE Events 19th June - 24th June 2017
 Post-implementation Review - IFRS 13 Fair Value Measurement
 Disclosure Initiative - Principles of Disclosure
 Volume XXXV of the Compendium of Opinions
  Permitting members to act as Insolvency Professional under the Insolvency and Bankruptcy Code, 2016 and related matters.
 Permitting members to act as Insolvency Professional under the Insolvency and Bankruptcy Code, 2016 and related matters.
 Change of venue in respect of some of the candidates at Jaipur, for Common Proficiency Test (CPT) scheduled to be held on 18th June, 2017

30 lakh cost accountants needed in next two years, says ICAI chief
June, 06th 2014

In the next two years, India may require 30 lakh cost accountants to meet the fast-tracking growth of companies, according to P. Raju Iyer, chairman of the Southern India Regional Council of the Institute of Cost Accountants of India.

He made the observation after signing a Memorandum of Understanding with S. Senthil Kumar, secretary of Theivanai Ammal College for Women, here recently.

Mr. Iyer said Prime Minister Narendra Modi was keen that at least two lakh companies be set up nationwide in two years. It meant that these companies would require three million cost accountants. However, as of now, hardly three lakh cost accountants were available.

Job opportunities

Besides having ample employment opportunities, cost accountants moved up the social and career ladder. In fact, a number of them had reached the top slots as chairmen and managing directors of reputed companies. For instance, Tamil Nadu Cement Corporation Ltd. and Tamil Nadu Sugars Corporation Ltd. periodically required 50 trainees in the cost accounting section.

Three premier institutes — the Institute of Chartered Accountants, the Institute of Cost Accountants and the Institute of Company Secretaries — had common understanding in the conduct of courses.

For instance, those who completed company secretary course were exempted from seven papers in the cost accountant course and vice-versa. Mr. Iyer pointed out the difference between chartered accountant and cost accountant courses. In the former, candidates would have to work under a senior for three years to qualify for the final examinations. But, in the latter, there is no such requirement. The motto of the Institute of Cost Accountant was ‘earn while learn.’

Cost-effective courses

Mr. Iyer said that his institute was offering cost-effective courses, and a candidate would hardly have to spend Rs. 50,000 from the foundation course to the completion of the course.

Mr. Senthil Kumar said the signing of the MoU with the Institute had helped the college to become its coaching centre, register candidates and supply study materials for the cost accountant course.

College director Kasthuri Bai Dhanasekaran said the MoU was a milestone in the history of the college.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

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