The Institute of Cost Accountants of India (ICMAI) has issued a strong advisory to its members, warning them against engaging in unauthorised activities that could damage the institute's reputation and governance. This includes forming associations, communicating with government bodies, or submitting petitions without official approval. The ICMAI stresses that such actions can lead to disciplinary proceedings and undermine the institute's credibility.
The Institute of Cost Accountants of India (ICMAI) has issued a stern advisory warning its members against engaging in unauthorized activities that could harm the Institute's reputation, governance, and statutory framework. The advisory, signed by CMA (Dr.) D.P. Nandy, Secretary (Officiating), outlines specific actions that are deemed unethical and subject to disciplinary action.
Key Directives of the Advisory
ICMAI has identified four major categories of violations that its members must avo
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FAQ :
The advisory aims to protect the Institute of Cost Accountants of India's (ICMAI) integrity, reputation, and governance by warning members against unauthorised activities.
ICMAI prohibits the formation of unauthorised associations using its name, direct communication with government authorities without approval, submitting petitions to parliamentary bodies without authorisation, and engaging in undemocratic or illegal activities for personal branding.
No, members are prohibited from directly approaching government officials or policymakers to present personal views in the name of ICMAI or the profession without prior approval.
Members found engaging in prohibited activities will face strict disciplinary action under the Cost Accountants Act, 1959, and other applicable regulations.
All professional concerns or representations must be submitted only through the official channels of the ICMAI Institute.