|
|
|
General Forum: Education | | ICWA | |
| anoosha gaaroo mee samaachaaramunaku chaalaa chaalaa thanks
Posted by: Mr. Surya Pudipeddi At: 3, Jul 2005 9:59:07 AM IST
The Institute of Cost and Works Accountants of India (ICWA) is headquartered in Calcutta
and has four regional councils and a number of chapters in the different parts of India
and abroad. It is the only recognised statutory professional organisation and licensing
body in India specialising in Cost and Management accountancy. You have the option of
either pursuing an oral or postal mode of education in the subject. You can correspond
with the following address, which is common for South India for further
information- Southern Regional Council of the ICWAI, ICWAI Bhawan, 65, Montieth Lane,
Egmore, Chennai.
Subjects for Intermediate and Final Examinations:
INTERMEDIATE - STAGE - I:
1. Financial Accounting,
2. Cost Accounting
3. Corporate Laws and Secretarial Practice
4. Direct Taxation.
INTERMEDIATE - STAGE - II:
5. Cost and Management Accounting
6. Auditing
7. Indirect Taxation
8. Quantitative Methods
FINAL - STAGE - III:
9. Advanced Financial Accounting
10. Information Technology and Computer Applications
11. Operations Management and control
12. Project Management and control
FINAL - STAGE - IV:
13. Advanced Management Accounting - Techniques and Applications.
14. Advanced Financial Management
15. Advanced Management Accounting - Strategic management
16. Cost Audit.
Fees Structure
(as on 31-1-98)
Student
Registration Fee : Rs.170/-
Postal Coaching Fee (as on 31-1-98)
Intermediate
Single Stage Rs.1,000/-
Both stage at a time Rs.1,800/-
Final
Single Stage Rs.1,100/-
Both stage at a time Rs.1,900/-
For oral coaching please contact SIRC of ICWAI / Chapters.
Examination Fees
Exam Fee
Last Date
Fine amount
(after 7days).
Foundation
Intermediate
Final
Rs.175/-
Rs.200/- per stage
Rs.300/- per stage
Apr 15/ Oct15
Apr 15/ Oct15
Apr 15/ Oct15
50/-
50/-
50/-
Exam Date : June 3rd week Dec 26th
========================
The role of Cost and Management Accountants mainly consists of working in stabilizing budgets and standards, evaluating operating efficiency and effectiveness of production and service management. An Accountant also works in formulating the profit planning programme, guiding managerial decision, identifying accountability for cost and profit variances thus bringing profit to the organization.
A Cost Accountant specializes in stabilizing budgets and standards, evaluating operational efficiency and effectiveness of production and service management, formulating the profile planning programme, guiding the managerial decisions, identifying accountability for cost and profit matrix for the organization.
In many companies Cost Accountant’s professional expertise is also taken on product pricing policy, production planning and inventory control of the company, export and import feasibility for the company, product-wise return on capital employed by the company. The cost accountant also has to take product feasibility proposals, which can get greater profits for the company.
Course Structure:
In order to be a qualified Cost Accountant a candidate has to take the examination conducted by the Institute of Cost and Works Accounts (ICWA). The examination comprises of three stages: preliminary, intermediate and final.
To sit for the preliminary examination, an individual should have passed the 10+2 Exam. Gazetted officers, post-graduates/engineers and other graduates with 50 per cent are eligible for direct registration. It is obligatory for registered students of ICWA to undergo either postal or oral tuition before appearing for the intermediary stage namely financial accounts, cost accounts, corporate laws, secretarial practice and direct management accounts, the candidate has to clear the final stage papers of cost and management accounts, the candidate has to clear auditing, in direst taxation and quantitative methods in the preliminary.
Foundation Course:
Eligibility
One can become a student of the Institute by passing Foundation Course Examination. A person is eligible to this Examination, if he has: completed seventeen years of age on the date of his application and has passed the Senior Secondary School examination under the 10+2 Scheme of a recognized Board, or has passed the All India Council of Technical Education or any State Board of Technical Education.
Fee:
At present fee for admission to the Foundation Course Examination is Rs. 125 (Rupees One hundred twenty five only but subject to revision).
Syllabus:
The subjects for Foundation Course Examination are
· Business Fundamentals and Economics
· Management and Organisation
· Basic Mathematics and Statistics
· Commercial Laws
Other Salient Features:
The Foundation Course Examination is held in the month of June and December every year. The June Examination is held on 23rd and 24th June and December Examination is held on 30th and 31st December.
Mode of Payment: Fee for the examination can be deposited in selected branches of State Bank of India by filling the special quadruplicate Challan.
Last date of Receipt of Application Forms: Last date of receipt of application at the respective office of the Regional Council of the Institute is 31st May for June Examination and 30th November for December Examination. Application after the due date upto 7 days will be accepted with a late fee of Rs., 50/- The forms with prescribed fee can be submitted to the respective office of the Regional Council from 25th April to 31st May for June Examination and from 25th October to 30th November for December Examination.
Direct Registration :
A person can become registered student directly without passing Foundation Course Examination if he has been conferred a degree from any University or equivalent with a minimum of 50 per cent in aggregate.
Examination Papers:
1. Intermediate Examination – Stage : I and II
Stage I:
Paper 1 : Financial Accounting
Paper 2 : Cost Accounting
Paper 3 : Corporate Laws and Secretarial Practice
Paper 4 : Direct Taxation Stage II
Paper 5 : Cost and Management Accounting
Paper 6 : Auditing
Paper 7 : Indirect Taxation
Paper 8 : Quantitative Methods
2. Final Examination - Stage : III and IV
Stage III:
Paper 9: Advanced Financial Accounting
Paper 10 : Information Technology & Computer Applications
Paper 11 : Operations Management and Control
Paper 12 : Project Management and Control
Stage IV:
Paper 13 : Advanced Management Accounting Techniques and Applications
Paper 14 : Advanced Financial Management
Paper 15 : Advanced Management Accounting Strategic Management
Paper 16 : Cost Audit.
After passing the Intermediate Examination, the student is admitted to the Final Examination of the Institute.
Examination Centers :
Agartala, Ahmedabad, Allahabad, Asansol (Burnpur), Aurangabad, Bangalore, Baroda, Bhilai, Bokaro, Mumbai, Calcutta, Chandigrah, Coimbatore, Cuttack, Dehradun, Delhi, Dhanbad, Durganpur, Ernakulam, Guwahati, Howrah, Hyderabad, Indore, Jaipur, Jamshepur, Jodhpur, kanpur, Kota, Lucknow, Chennai, Madurai, Mysore, Nagpur, Nasik, Netveli, Panaji (Goa), Patna, Pune, Ranchi, Rourkela, Salem, Srinagar, Tiruchirapalli, Tricandrum, Udaipur, Vijayawada and Waltair. There are some overseas centers also.
Coaching:
The ICWA has made it obligatory for registered students to undergo and complete satisfactorily a course of tuition, either postal or oral, before they are permitted to appear at the Intermediate or Final exam.
The coaching Directorate of the Institute through its Regional Councils conducts postal tuition. Many Colleges, Institutions and organizations recognized by the Director of Studies of the Institute, impart oral Tuition. Students are eligible to undergo coaching (Postal or Oral) for Final Exam. No provisional admission to coaching for Final Exam is allowed. The normal period for completion of postal tuition for Intermediate or Final exam, is 18 months. This period may be extended by 3 months for each group at the discretion of the Direct of studies.
Career Prospects :
A qualified Cost Accountant has several career options. He or she can serve in an industry, take up a government job, practice as a cost accountant individually with a license, or work as a consultant in financial companies in portfolio management.
Self-Employment Opportunities :
A Cost Accountant may build up his own practice thus becoming his own boss by obtaining a license from the Institute. This will make him to practice as a Cost Accountant, either individually or in partnership with one of more members of the Institute in Practice. The kind of clients will include private and public companies, large, medium and small scale undertakings, partnership and proprietary concerns, industrial, commercial and service undertakings.
List of Address of Regional Centres of ICWA :
1. Western India Regional Council of the ICWAI, Rohit Chambers, 4th Floor, Janmabhoomi, Fort, Mumbai-400001 (Comprising Gujarat, M.P., Maharashtra, Goa, Daman, Diu and Dadra and Nagar Haveli).
2. Southern India Regional Council of the ICWAI, ICWAI Bhawan, 65, Montieth Lane, Egmore, Chennai-600008 (Comprising A.P., Karnataka, Kerala, T.N., Pondichery and Lakshadweep.)
3. Eastern India Regional Council of the ICWAI, ICWAI Bhawan, 84, Harish Mukherjee Road, Calcutta 700025 (Comprising Assam, Bihar, Manipur, Meghalaya, Nagaland, Orissa, Tripura, West Bengal, Arunachal Pradesh, Mizoram, and the Andaman & Nikobar Islands).
4. Northern India Regional Council of the ICWAI, ICWAI Bhawan, 3, Institutional Area, Lodhi Road, New Delhi 110003 (Comprising Delhi, Haryana, H.P., J & K, Punjab, Rajasthan, U.P. and Chandigrah).
Posted by: Miss gattupalli anusha At: 26, Jun 2005 5:34:24 PM IST
I want the details of ICWA course.. can anybody help to provide the same. What are the exemptions if a candidate is having PG qualifications in commerce.
dayachaesi ee vishayamuloa veelainaMta samaachaaramu amdimchaalani koarutunnaanu
Posted by: Mr. Surya Pudipeddi At: 20, Jun 2005 9:13:08 PM IST
| |
|
|
|
| Advertisements |
|
|
|
|
| Advertisements |
|
