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ICWA

 

About ICWA
cost accountingA premier, dynamic, vibrant professional institution actively associating itself in the industrial and economic development of the nation. The profession places itself at the service of the nation, government, industry, and the society to realise the objectives of a welfare state resulting in the prosperity and the well being of its people - a fact increasingly realised with the opening up of the country's economy and change in the economic scenario of the world. In today's world, the profession of conventional accounting and auditing has taken a back seat and accountants increasingly contribute towards the management of scarce resources like funds, land and apply strategic decisions. This has opened up further scope and tremendous opportunities Cost and Works accountants to shoulder responsibility as Cost and Management Accountants in accordance with new dimensions and vision here in India and abroad. Members of this profession will be the driving force in the team of management while in employment and a key consultant, an effective Cost and Management Auditor and an appropriate advisor in place. This is why Cost Accountants in India are called Management Accountants all over the world

ICWA as Profession

Employment Opportunities

Members of the Institute are occupying high echelons like Chairman, Managing Director, Finance Director, Chief Executive, General Manager, Finance Manager, etc. in many Public and Private sectors organisations and also in the Government

Government Department

There is an existing Cost Accounting Service in Central Govt. named as Indian Cost Accounts Service, which is at par with the Class I Services of the Government of India.


Opportunity for Independent Practice

Cost Accountants can practice in the following areas:

  • In mandatory Cost Audit under Section 233 (B) of the Companies Act, 1956.
  • Certification under Export & Import Policy.
  • Excise Audit under Section 14A of the Central Excise Act and Special Audit of Certification Of manufacturing account as per Customs Act.
  • Consultancy Assignments.

Academic opportunities
The Association of Indian Universities {AIU} resolved on May 28, 1991 that Bachelor Degree holders, who have passed ICWAI Final Examination be allowed by the Indian Universities to register for M.Phil. and Ph.D. in Commerce and allied disciplines. Since then the Institute is approaching different Universities to make necessary provision in their respective Rules so that Members of our Institute having Graduation qualification can register themselves for Ph.D. courses in Commerce and allied areas. Till now the Institute is in receipt of approval from 35 Indian Universities. Recently, in response to our letter No. DS-3{UL}/11/2000 dated November 17,2000 to AIU it has been clarified by AIU {vide their letter No.EV/II{2}/2000/179741 dated November 29,2000} that recognition awarded by AIU is generally accepted by the Universities in our country.

As the Final Examination of the Institute of Cost and Works Accountants of India has already been recognized by AIU, they do not anticipate any difficulty to be faced by the ICWAI candidates in the matter of acceptance of their qualification as sufficient for registering for Ph D/M Phil. All India Council for Technical Education decided that Fellow members of our Institute will be treated at par with the persons holding Ph.D. degree as far as appointment in the posts of Professor, Associate Professor, Reader, Asst. Professor and Lecturer in Professional/management Institutes are concerned.

 
 
 
 
 
 

Head Office:

Career Avenues
K-2, LGF, Green Park Main,
Near Green Park Main Market,
New Delhi-110016

Ph.: +91-11-46018578, 43860412
Ph.: +91-11-43860413, 43860414
Mob. +91-9899783467, 9811713467



Branch Office:
Career Avenues
O/92 - First Floor,
Bank Street , Munirka
New Delhi - 110067
Phone: 011 -65659046
email:- caadmission@gmail.com


 
     
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