About Us

The Institute of Cost Accountants of India, formerly known as the Institute of Cost and Works Accountants of India, is a professional body that was established in 1959 to promote the field of cost and management accounting in India. It is a statutory body under an Act of Parliament, and its members are recognized as cost and management accountants under the Companies Act, 1956. The institute has played a vital role in the development of cost and management accounting in India and has been instrumental in producing highly skilled professionals in the field.

Our Managing Committee

FCMA Raj Kamal Prasad Singh (Chairman HBCCA)

CMAs uphold the highest ethical standards, promoting transparency and compliance in financial operations. Their versatile skill set makes them valuable contributors to various industries, where their ability to streamline costs and optimize financial performance is indispensable for achieving long-term success. In essence, a Cost and Management Accountant is a financial expert who combines strategic thinking with financial precision to drive organizational excellence.

FCMA Radhey Shyam (Vice Chairman HBCCA)

A Cost and Management Accountant, often abbreviated as CMA, is a financial professional skilled in the intricacies of cost accounting, financial management, and strategic decision-making. These experts play a pivotal role in helping organizations optimize their financial performance and achieve their strategic goals. CMAs are well-versed in cost analysis, budgeting, financial planning, and risk management, providing vital insights to guide executive decisions.

Mission Statement

CMA professionals would ethically drive enterprises globally by creating value to stakeholders in the regulatory context through competencies drawn from the integration of strategy, management and accounting acquired through focused training and continuous education.

Vision Statement

CMAs would be the preferred source of resources and professionals for the Financial Leadership of enterprises globally

Motto

असतोमा सद्गमय तमसोमा ज्योततर्गमय

मृत्योमाामृतं गमय ॐ शान्ति शान्ति शान्तििः

From ignorance, lead me to truth

From darkness, lead me to light

From death, lead me to immortality

Peace, Peace, Peace

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