Thursday 26 January 2012

Cost and Management Accountant-Industrial Training






for completion of cost and management accounting course and becoming a member of institute, students have to under go 3 year practical training after completing final course. how ever for same the student will get exemption from undergoing practical training equivalent to his prior
working experience in the Organizations listed below

Organizations recognized for Training:
(i) Central/State Government / Semi-Government / Public Utilities
(ii) Banks and other Financial Institutions
(iii) Insurance Company
(iv) Public Sector Unit
(v) Public Limited Company
(vi)Private Limited Company
(vii) Information Technology Sector
(viii) KPO / BPO
(ix) Stock Exchange
(x) Universities, Management Institutes and any other educational institute
(xi) Limited Liability Partnership Firm
(xii) Management
Consultancy Firms
(xiii) NGO
(xiv)Co-operative societies engaged in Banking or Manufacturing and
(xiii) Any other institution as approved by the Council from time to time

Recognized areas for Training:
(i) Cost Accounting
(ii) Financial Accounting
(iii) Financial Management
(iv) Auditing (v) Regulatory compliances
(vi) Direct Taxation
(vii) Indirect Taxation
(viii) Corporate Laws, Industrial Laws and Commercial Laws
(ix) Systems Analysis and Information Technology
(including ERP system)
(x) Project Management
(xi) Banking Operations
(xii) Insurance
(xiii) Valuation
(xiv) Financial Services
(xv) Teaching in Finance, Accounts, Costing, Taxation, Management and subjects covered in ICWAI Syllabus (other than visiting faculty)
(xvi) Management Consultancy Services
(xvii) Any other areas approved by the Council from time to time.

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