The importance of ICWAI
If you want a management accountant, it is time that you register with the Institute for costs and Works Accountants of India (ICWAI). The Prime Minister, dynamic and professional institution actively living the availability of manpower for the economy of industrial and commercial development of the country.
With the liberalization of the economy, in conjunction with the change in the “Financial Management scenario conventional and auditing has lost relevance.It is now at the age of cost and management accountant working for the optimal use of resources limited.
The ICWAI four decades, was again under an Act of Parliament, with the twin objectives for development and settlement of management fees and accounting in India. The Institute has been discovered in a limited liability company, in the year 1944 was again during the Second World War. He experienced phenomenal growth, both on the issue of members and students - of 130 members and less than a thousand students 23000 members and students, 1.5 lakh now.
The federal government, the recognition of the importance and benefits and cost accounting management establishes a framework all-in India by name and title of the billing service costs in India in 1982. The ICAS is on a level I class, the services of the central administration to advise the government on various financial and tax issues.
According to the prospectus of the ICWAI his seat (12, Sudder Street, Calcutta-700016) and its four regional offices in Mumbai, ( “Rohit Chambers, 4th Floor, Janmabhoomi Marg, Fort, Mumbai-400001), Calcutta (84, Harish Mukherjee Road, Calcutta 700025), Chennai (ICWAI Bhawan, 65 Montieth Lane, Egmore, Chennai-600008) and New Delhi (ICWAI Bhawan, 3, Institutional Area, Lodi Road, New Delhi-110003), any person reaches the age of 17 may be considered as a student for the intermediate course, after graduation in each discipline. The incumbent provides for the result of graduation, you can also opt for provisional admission to the course. Those who are not in possession of these qualifications have passed, but the 10 +2 examination is itself and a review of basic studies before entering as a student for the interim review. The basic documents of the study are: business and the economic fundamentals, management and organization. Basic mathematics and statistics and trade laws.
The themes for the midterm and final exam includes: Intermediate Level I: financial accounting, cost accounting, business, law and practice of the secretariat and direct taxes. Intermediate Level II cost and performance billing, accounting, indirect taxation and quantitative methods. StageIII final: Advanced Financial Accounting, Information Technology and Computer Applications, management and control of operations and project management and control. Final Stage IV: Advanced Management Accounting techniques and applications, Advanced Financial Management, Advanced Management Accounting - Strategic cost management and auditing.
The examinations for studying basic, intermediate and final are held twice a year in June and December in 60 centres in India and 7 centres abroad. The ICWAI examination centres are located in Agartala, Ahmedabad Ajmer, Allahabad, Asansol, Aurangabad, Bangalore, Braoda, Behlai, Vila runway, Nepal Bhubaneswar, Bokaro, Calcutta, Chandigarh, Chennai, Coimbatore, Cuttack, Dehradun, Delhi, Dhandbad, Durgapur , Erankulam, Faridabad, ghaziabad, Guwahati, Howrah, Hyderabad, Indore, Jaipur, Jammu, Jameshedpur, Jodhpur, Kanpur, Kolahapur, Kota, Lucknow, Mudurai, Mumbai, Mysore, Nagpur, Naihati, Nashik, Neyveli, Panaji, Patiala, Patna , Pondicherry, Pune, Ramgarh, Ranchi, Rourkela, Shaktinagar Salem, Tiruchirapalli, Thiruvanthapuram, Udaipur, Ukkunagaram, Vellore, Vijay Wada, Vindhyanagar and Waltair.
The centers overseas are in Kathmandu, Botswana, Dubai, Dar-es-Salaam, Muscat, Nairobi, Tripoli and Zambia.