Institute of Cost and Works Accountants of India

The Institute of Cost and Works Accountants of India (ICWAI) is a premier professional accountancy body established on May 28, 1959 under the Cost and Works Accountants Act, 1959 (Act No.23rd of 1959) enacted by the Parliament of India to regulate the profession of Cost Accountants in India.

The ICWAI is a Founder Member of the International Federation of Accountants (IFAC), Confederation of Asian and Pacific Accountants (CAPA) The headquarters of ICWAI is situated in Kolkata, and operates through its four regional councils located at Kolkata, Chennai, Delhi and Mumbai, 94 chapters in India and 7 chapters abroad.

About the Institute

History

ICWAI was incorporated under the Cost and Works Accountants Act, 1959 and was accorded statutory recognition with the objectives of promoting, regulating, and developing the Profession of Cost & Works Accountancy in India.

Objectives

objectives of ICWAI are to promote and develop the adoption of scientific methods in cost and management accountancy for management control. It develops the professional body of members and equips them  fully to discharge their functions as professional Cost & Management Accountants. ICWAI  helps its members to keep abreast with latest developments......

Read More