Cma -a course by icai

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16 May 2013 please let me know details about the course, i heard that ICAI offers for this course, where most practically it is applicable??

04 July 2013 You are asking CMA (icwa course)?

04 July 2013 The Institute of Cost Accountants of India (ICAI) will open about 1,000 to 1,500 Cost Management Account (CMA) support centres in the country, including 500 of them in the south, to enable students from rural areas to join professional courses, according to M. Gopalakrishnan, ICAI president.

Addressing students at the ‘oral coaching inaugural session’ of ICAI Southern India Regional Council (SIRC) here on Sunday, he said there was a huge demand for cost accountants from public sector companies. Each year, about 5 lakh students joined the course, while the ICAI wanted to train about 5 million students. Currently, the institute had 100 centres spread over four cities in the country.

“Last year, Coal India recruited about 50 students, but it wants more professionals. Similarly, other organisations scout for cost accountants. Hence, we thought of setting up CMA support centres in urban and rural areas. To begin with, the Southern Regional Council should open at least 50 support centres and later expand it to 500,” he said.

Inaugurating smart classrooms in Egmore, he said the institute would join hands with 25 colleges in the city to offer satellite cost accounting classes for which the road map have to be drawn.

Mr. Gopalakrishnan said his organisation would team up with the Institute of Chartered Accountants of India to set up accounting bodies in African countries. Rwanda had accepted the proposal.

B.R. Prabhakar, chairman ICAI-SIRC, said soon after passing the final exam, the student would be recognised as global accounting professional, as this institute had signed mutual recognition agreements with its counterparts in the U.S., U.K. Australia and Canada.

Delivering the keynote address, David Holly, Australian Consul-General in Chennai, said India had now emerged as the largest provider of skilled workers to Australia, overtaking United Kingdom and China.

Citing the latest census, Mr. Holly said about 280,000 Indians migrated to Australia, accounting for 1.4 per cent of the population in 2011 against 0.7 per cent in 2006. Since 2009, over 2,000 Indian accountants had been recognised by the Institute of Public Accountants of Australia.


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