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| Take up quarterly cost audit for good corporate gov: Panel | 21-SEP-09 |
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| Quarterly cost audit by internal auditors in the listed companies should be explored in consultation with the market regulator SEBI to improve corporate governance, an expert group appointed by Corporate Affairs Ministry has suggested. |
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| Govt allows ICWAI to change its name to ICMAI | 11-SEP-09 |
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| Cost accounting body ICWAI will soon be known as Institute of Cost and Management Accountants of India (ICMAI) with the government agreeing for a change of name of the body. |
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| Network functioning soon for company secretaries | 08-AUG-09 |
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| The Institute of Company Secretaries of India (ICSI) — the apex body to regulate company secretaries — would soon allow networks among company secretary (CS) firms by using collective resources like infrastructure, manpower, and location for execution of professional services of one or more types. |
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| Cost accounting norms to be in tune with IFRS | 03-AUG-09 |
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| It is not just Indian accounting standards, which would converge fully with the International Financial Reporting Standards (IFRS) by 2011, but cost accounting standards (CAS) would also need to be in tune with the global model. |
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| 'We want to be equated with chartered accountants' | 30-JUL-09 |
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| A priority area of the new president of the Institute of Cost and Works Accountants of India (ICWAI), G N Venkataraman, is to make the institute more visible. In an interview with Sapna Dogra Singh, he said ICWAI would also lobby with the government to accept the recommendations of the expert group on widening the scope of cost audit by including more companies and sectors. |
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| ICWAI makes six standards mandatory | 29-APR-09 |
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| These standards are for classifications of costs, capacity determination, overheads, cost of production for captive consumption, determination of average cost of transportation and material cost. |
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| LG Electronics bags ICWAI award | 26-MAR-09 |
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| Consumer durable major LG Electronics India today said it has bagged the 'Excellence in Cost Management' award given by the Institute of Cost and Works Accounts of India (ICWAI). |
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| Govt may widen cost audit scope | 23-MAR-09 |
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| All manufacturing companies with a paid-up capital of Rs 50 crore or more will be required to conduct a statutory cost audit if the recommendations of an expert committee appointed by the Ministry of Corporate Affairs are accepted. |
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| ICWAI members can practise in US | 21-MAR-09 |
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| In what could provide a big thrust to the cost accounting profession in the country, the Institute of Cost and Works Accounts of India (ICWAI), the apex body to regulate the profession of cost and management accountancy in the country, has finalised a mutual recognition agreement with the Institute of Management Accountants (IMA) of the USA. |
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| ICWAI wants to do 2nd audit of listed firms | 15-MAR-09 |
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| The Institute of Cost and Works Accounts of India (ICWAI), an apex body to regulate the profession of cost and management accountancy in India, has proposed to the Securities and Exchange Board of India (Sebi) that it be considered to carry out a second audit of all listed companies. |
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| Corp affairs ministry to review ICWAI rules | 13-MAR-09 |
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| In order to give due recognition to the Institute of Cost and Works Accounts of India (ICWAI), an apex body to regulate the profession of cost and management accountancy in India, the Ministry of Corporate Affairs (MCA) is in the process of reviewing the existing cost accounting rules and the cost accounting standards of ICWAI. |
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| 'Strictest punishment will be given to erring CS' | 08-FEB-09 |
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| Datla Hanumanta Raju, the new president of the Institute of Company Secretaries of India (ICSI), says he will continue to work to make the profession of company secretaries more effective and efficient. His election was mired in a controversy as the Ministry of Corporate Affairs (MCA) had listed him as a director of a vanishing company (Kamakshi Housing Finance). |
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