The Institute of Cost and Works Accountants of India (ICWAI) will soon be known as “Institute of Cost and Management Accountants of India (ICMAI)” with The Govt. agreeing for a Change of name of the body.
“The request for the name change to Institute of Cost and Management Accountants of India has been accepted in principle. It will require amendment in the ICWAI Act. We are working on it, hopefully in the near future it will be done,” Corporate Affairs Minister Salman Khurshid said on Friday.
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