Icai can be called as ifai?

B Ravi Kumar ACMA, MBA, M Com (Chief Accounts Officer) (830 Points)

23 December 2011  

When ICWAI is demanding droping of  "Chartered" from ICAI, what would be the suitable name for ICAI?

Institute of Financial Accountants of India (IFAI), is a suitable name for ICAI?

Since ICAI is not agreeing for ICWAI as ICMAI, both the institute names cannot be same.

What is wrong, if ICWAI use name as ICMAI, since it provides the information for managerial decision making and it is core subject of Cost Accountants.

Three professional bodies in INDIA have their own objects and responsibilities to perform, they should do well in their own area.  They should work for stronger and better INDIA and make India shine, keeping aside egos.