change is the name of time.. we are happy that the professional institution are also changing witht the time and its global requirement
 

Grt news ab ayega maja.CMA seems a grt degree.

Awesome news....

changing the name does not change the image of the institute. it has to change and an overhauling has to be done. any way may this be the first of the positive changes.

We appreciate the news & it will change the image of the Institute & CA instiute will definately oppose on this matter if it happens then ICWA will called management accountants

The name change will boost the morale of the professionals and gear them up to face the challenges ahead of the profession both in India & abroad 

The change of name ÏCWA" as" ICMA""

In India, we will be always lacking behind several decades to go in line with other global practices.

It is seen that the name ÏCWA"was  inherited from the name of the Parent body of ICWA, UK half century back. The name was changed there as ICMA 40 years back and this name has also been adopted by various other countries in the globe except India, the reason behind the CA Institute inIndia is objecting to the change of name. It is learnt that because of the delay in change of the name in India the ICWA Professionals of India has misirably failed to get recogniztion in the global market as the name ÏCWA"is not known in many countries.

The change in name, though planned after 40 years of change in other countries is welcome. But we have to wait and see what is going to happen. It is better the name should be "CMA" (Chartered Management Accountant") as now known in UK, in order to avoid further change in the coming years. Though the name "Chartered"is not relevant in Indian contest, such names are used in many organizations in India including that of Chartered Accountants of India.

All right , let the Government of India act

Dr. D.S.Raj, Ph.D (Eco)

International Management Consultant,

Switzerland

I appreciate the decision of government to approve the change in name. This is like Der Ayad Durast Ayad.

But the institute as well all the members have to commit to be in line with new name otherwise, it will be like Old wine in new Bottle.

Best of Luck to all ICMA members for acquiring a global recognition.

Dave KB

Gud news.. But where is professionalism of cost accountants

This institute need gud management rather name changes . Like CA institute

very good idenification for us(cwa student)....................

ITS BEEN SO LONG

Please check the date of the news in the given link. Its--

This is under pipeline. No need to be happy till the same is approved.

In this regard see from below link---

Name change of ICWAI to ICMAI /ICAI

good news