ICWAI/CMA- Eligibility for admission

Eligibility for Admission:
(a)	A candidate should have passed Class 10 or equivalent from a recognized Board or Institution.
(b)	Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent thereto or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education. Incumbents waiting for the result can apply for provisional admission
Fee:
Cost of Prospectus - Rs. 250/-
Documents to be enclosed with application form:
Students desirous to apply for Registration ONLINE
1.	Attested Copy of Matriculation Certificate
2.	Attested copy of 10+2 Certificate or Marks Statement
3.	3(Three) Passport size photographs - (One pasted on application form, one pasted on identity card and one to be attached with application)
(Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college)
Intermediate Course:
Eligibility for Admission:
(a)	Passed Senior Secondary School Examination (10+2)and Foundation Course of the Institute of Cost Accountants of India/ Graduation in any discipline other than Fine Arts/ Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute
(b)	Passed Foundation of ICSI/Intermediate of ICAI by what ever name called along with 10+2.
(c)	List of other qualifying examination are given vides Annexure VI of prospectus. Incumbents waiting for the result can apply for provisional admission
Fee:
Cost of Prospectus - Rs. 250/-
Documents to be enclosed with application form:
Students desirous to apply for Registration ONLINE
1.	Attested Copy of Matriculation Certificate
2.	Attested copy of 10+2 Certificate or Marks Statement
3.	Attested copy of the degree
4.	3(Three) Passport size photographs - (One pasted on application form, one pasted on identity card and one to be attached with application)
(Attestation should be by any member of The Institute of Cost Accountants of India /The Institute of Chartered Accountants of India/ The Institute of Company Secretaries of India/Parliament/State Legislative Assembly or a Gazetted Officer or a Principal of a college)
When to apply:
Intermediate:
Registration for the ICAI course is open throughout the year However, Students desirous to appear for June Term Examination should apply before 31st January of that year and for December Term Examination should apply before 31st July of that year.
Where to apply:
All students shall submit their Postal Application form, duly filled in together with relevant documents and remittances to their respective Regional Councils / Chapters only. Regional Councils and area covered by the region are given below:

Address of Regional Councils	Area Covered
Western India Regional Council "Rohit Chambers",4th Floor Janmabhoomi Marg,Fort Mumbai - 400 001 Ph : 022-22872010/ 22841138/ 22043406/ 22043416 Fax : 91- 022- 22870763 Email: wirc@icmai.in Web site : www.icwai-wirc.org	The State of Chhattisgarh, Gujarat, Madhya Pardesh, Maharashtra, Goa and the Union Territories: Daman Diu., Dadra, and Nagar Heveli.
Southern India Regional Council 4, Montieth Lane, Egmore,Chennai - 600 008 Ph:044-28554443/28554326/28528219 Fax : 91- 044- 28554651 Website: www.sircoficwai.com Email: sirc@icmai.in	The State of Andhra Pradesh, Karnatka, Kerala, Tamilnadu, Pondicherry and the Unition Terrritory: the Lakshadweep
Eastern India Regional Council 84, Harish Mukherjee Road,Kolkatta - 700 025 Ph : 033 -24553418 /24555957 Fax : 91 033-2455-7920 Email: eirc@icmai.in	The States of Assam, Arunachal Pradesh, Bihar, Jharkhand, Manipur, Maghalaya, Mizoram, Nagaland, Orissa, Tripura, West Bengal, Sikkim, the Union Territories: The Andaman and Nicobar Islands and Foreign Countries.
Northern India Regional Council 3, Institutional Area, Lodi Road,New Delhi - 110 003 Ph : 011 - 24626678 / 24615788 Fax : 24622156 Email: nirc@icmai.in	The States of Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Rajastan, Uttar Pradesh, Uttraanchal and the Union Territory: Chandigarh.
Candidates of Intermediate and Final Examinations are allowed to exercise option for answering questions in Hindi Students opting for oral coaching should contact respective Regional Council office or Chapters This articles post by CMA Samir Biswal

Follow @studycafe1

Read more »

ICWAI CMA Dec 2014 result of CWA Foundaion,Inter,Final

CMA Foundation, Intermediate & Final exams were conducted by ICWAI recently in the month of December 2014. Students appeared for these exams are desperately waiting for the results.

Here is a good news for CMA Foundation Students. CMA Foundation December 2014 result has been announced by ICMAI.

http://examicai.in/FND2015-azif-104ba/result.asp

Result of CMA Inter and Final will be declared on 25th Feb 2015.


Students can check the result form the below link or mentioning there roll no below.

	THE INSTITUTE OF COST ACCOUNTANTS OF INDIA  (Statutory body under an Act of Parliament) RESULT FOR DECEMBER 2014 FOUNDATION EXAMINATION
Identification No #
	Instructions : For new registrations (after 2012) the Identification number format is (EF0000001234,SF0000000123,NF0000000123) For old registrations (before 2012) the Identification number starts with Region Code (SFC/EFC/NFC/WFC) followed by 6 digit no. Please add 0 if you have 3 digit no.(eg : SFC/000452) Tags: ICWAI CMA Dec 2014 result of CWA Foundaion,Inter,Final, icwai, CMA DEC 2014 RESULT, CMA DEC 2014 FOUNDATION RESULT

Follow @studycafe1

Read more »

ICWA Admit Card for December 2014 Term (Inter / Final Examination).

Generally the Institue of Cost Accountants of India releases admit cards of CMA Inter & admit cards of CMA Final just 15 -20 days before the exams. So students will have to download admit cards of CMA Inter and CMA Final from The Institute of Cost Accountants of India’s official website.

As per recently Issued Noification “physical admit cards are being sent by post, only to those who submitted physical examination forms (i.e. OMR). The practice of sending physical admit cards by post, to those who had submitted their exam forms online, is discontinued”. It means ICAI will not send any physical admit cards to students. Students have to download the Admit Card from the website.

To download CMA Inter admit cards for December 2014 and CMA Final admit cards for December 2014 Click Here

Click Here The Official Link For Download CMA Inter and Final Admit Cards December 2014

Admit Card Print For Intermediate & Final :

Current Registration Number :

Read more »

Campus placement drive for qualified CMA - GENPACT

GENPACT is visiting Delhi agaiin on 18th Januaryr 2014 for Placement of CMA candidates. Their selection 
process would include:

o Presentation by the company 
o GD 
o Face 2 Face interview 
o Test - Pen & Paper – E:Q:L & F 
o HR Round 

S.No	Place	Date	Venue	Reporting Time	Participating company
1	Delhi	18th- January-2014	The Institute of Cost  Accountants of India,  3, Institutional Area, Lodhi Road, New Delhi- 110003.	9.30 am	GENPACT

Job Description 
Skills and Qualification 
• Bachelor's in commerce & CMAs with mini 2yr exp. in accounting 
• 2 - 4 years of relevant experience in Book keeping and Management reporting 
• Good verbal and written communication skills 
• Detail oriented and organized with excellent analytical and problem solving skills 
• Proficiency in MS Office 
• Specific (ERP) working knowledge is preferred 
• Good Interpersonal Skills 

Profile 

• Individual contributor role in PL & B/S reporting, General accounting, GL master data, Accruals & 
Prepayment. 
• Activities related to Closing and Reporting of books (e.g. : journals, Reconciliations, Fixed 
assets, intercompany etc.) 
• Preparation of management reporting packs 
• Cost center management and explanation of variance to Budgets • Activities relating to Planning and budgeting etc. 
• Play the role of process trainer for the remaining team mates to help them come up the learning 
curve 
• Independent handling of Mill Accounting ,Costing & Analysis 

Role & Compensation & Benefits 

• Designation : Process Developer 
• CTC – 2.50 Lakh (P.A) Excluding all Incentives 
• Joining Bonus – 50 Thousand ( One Time ) 
• 1 Year Service Agreement 
• Location - NCR 
• On Job Training – Yes* 
• Weekend Offs – No* 
• Shift Timings : Selected Candidate has to agree on 24*7 timelines 
• Pref. : 2 PM to 11 PM / 5.30 PM to 2.30 AM 
* Conditions apply 
Selected candidate would undergo stringent training program which includes hands on SAP 
methodology & per business requirement. 

This Article post by CMA Samir Biswal. He can reach cmasamirbiswal@gmail.com.

Read more »

ADVANCED DIPLOMA COURSE BY THE DIRECTORATE OF ADVANCED STUDIES FOR CMA STUDENT

REGISTRATION PROCEDURE 

The eligibility criteria for Registration to the diploma courses is the membership from the Institute of Cost Accountants of India. 

The Brochure for the diploma courses will be available at Hyderabad Center of 

Excellence and New Delhi office of the Institute. The Brochures are also available on the Institute's website www.icmai.in 

There is a common Registration Form to apply for Registration to the diploma courses.The candidate may indicate the name of the course applied for in the appropriate column in the Registration Form. 

Details of Course Duration and Course Fee applicable for the diploma course is as follows: 

Course Name Course Duration Course fees 

 (in Rs.) IS Audit and Control 12 months 20,000/-* 

• Fee excludes the examination fee of Rs 1200/-(rupees twelve hundred only) for one or more papers. 

The Course Fee can be paid through Demand Draft or through NEFT/RTGS. The 

Demand Draft should be made in favor of 'The Institute of Cost Accountants of India' payable at New Delhi. 

Details of ECS Payment: State Bank of India (60321), Andhra Association Building, 24-25 Institutional Area, Lodhi Road, New Delhi- 110003 

Current A/c No. 30678404793 MICR Code: 110002493 IFSC Code: SBIN0060321 

In the Registration Form, the candidates can either place their scanned passport size photograph in the indicated area, or can affix their passport size photograph on the electronically generated hard-copy of the Registration form. In both the cases, the candidates have to self attest their photographs. 

The candidates have to submit hard-copy of the duly filled in Registration form (In case of online registration, the hard copy of the electronically generated filled-in Registration form) to: CMA. 

Dr P S S. Murthy, Director (Advanced Studies), Hyderabad Center of Excellence, The Institute of Cost Accountants of India, Plot No. 35, Financial District, Nanakramguda Village,Serilingampally Mandal, Gachibowli, Ranga Reddy District, Hyderabad-500032.

The completed Registration Form along with the self attested copies of the certificates and testimonials of qualifications mentioned in the Registration Form, should reach the Directorate latest by the 15th of February 2014. Members of the Institute should enclose a self attested copy of the Institute I-Card and Membership Certificate. 

Get Sudycafe's Updates by SMS in your mobile by Following below two Steps: 

1. Download our SmartPhone Application &     

2. Send a SMS, Type: JOIN CASTUDYCAFE & send to 9219592195

This Article is written by CMA Samir Biswal. He can be reached at cmasamirbiswal@gmail.com

Subscribe to Studycafe by Email

Read more »

Cost accountants protest against new cost audit draft rules

Cost Accountants (Pune Chapter) on Friday protested outside the Pune Municipal Corporation (PMC) against the new cost audit draft rules published by the Ministry of Corporate affairs. The accountants have demanded an immediate withdrawal of the rules claiming it detrimental to their field.

The recently published draft Cost Records and Cost Audit Rules 2013 severely curtail the scope of the Cost Audit Mechanism—a system put in place in 1965 and expanded steadily with a view to curb profiteering and other malpractices in the corporate sector. The draft rule proposes to exempt much of the private sector from this mechanism, while the focus remains only on government funded companies.

The proposed dilution of Cost Audit Mechanism is regressive in nature and will adversely affect the cost consciousness and cost competitiveness of the Indian industry and will put consumers to a great disadvantage .

Madhuvanti Sathe, Chairman, Pune Chapter of Cost Accountants, said the draft rules if finalised may come into effect from April 1, 2014.

The ministry has sought reactions till December 14. Currently, of the around 15,000 companies, only 600 companies will require cost audit. Most of these would be public sector companies. This will not only affect cost accountants but will also make it difficult for the government to keep prices and inflation under check, added.

Currently, there are around 65,000 cost accountants, of which 25, 000 are in the western region with around 1,500 in Pune.(Indian Express)

Read more »

ICWA Admit Card for DECEMBER -2013 Term Examination.

Admit Card for DECEMBER -2013 Term Examination.

Click here to download : http://examicmai.org/wadmit/admit.htm

Instructions : Registration No ( 01121053900) 11 digit format.

Important Announcement :-

Admit Card and other details for Foundation December 2013 Examinations will be hosted on 1st week of December 2013. Probable dates of publication of Inter/Final & Foundation Result are 21st February 2014 & 15th January, 2014. 

Read more »

EXAMINATION TIPS FOR ICWAI STUDENTS WRITTEN BY CMA SAMIR BISWAL

Knowing ICWAI:

Make a self-introspection, understand the qualities and strengths and make a

resolution to complete the course well within time. The prospectus should be read carefully and doubts should be clarify immediately

Visit the Website

Proper study materials should be taken, suggested answers and scanners should be read.  Enroll yourself as a student of e Learning from the beginning to get immense benefit of it.

For e-earning details log in to: www.eicwai.in

Studying Hours & Studying pattern:

Spend at least 6-8 hours on daily basis for your preparation, covering all the subjects. However, this needs to go up to 12-14 hours gradually as the exam approaches. Make an analysis of the trend and pattern of the questions for the last 5 years (10 terms) in order to have a clear idea about the important chapters and type of questions. It is better if you solve more and more question papers. Attend all the classes regularly.

Preparation Tips:

1. Figure out your mistakes or reason for low marks, if any, in the previous examination and promise yourself to avoid them in your next exam
2. Study from Study Notes of the Institute for all subjects supplemented by other books recommended by your faculty.
3. Make a plan of the time available and the syllabus to be covered.
4. Monitor the schedule on a weekly basis and reinforce your efforts to make up the backlog. 
5. Ensure two revisions before you appear for the examination. In other words, a minimum of three readings should have been completed by the time you appear for the examination. 
6. Study the question papers of previous examinations to be able to categories all the topics in each subject and understand broad trends of these categories. 
7.  Based on above and marks allotted give weightage to each category and accordingly prepare for the examination.
8.  In the case of theory subjects, focus on understanding the concepts thoroughly and its application. In subjects such as law, give due regard to case laws and sections.In subjects such as Economics, spend some effort on statistics and general reading of business newspapers and news magazines. 
9. In the case of numerical subjects, such as Accountancy, Costing and Mathematics focus on understanding the methods, formulae and format of presenting the solution.

10.  Solve as many problems as you can. Prepare for these subjects from the beginning of the year/ session and on a continuous basis. Practice use of your calculator effectively to maximise its efficiency in the examination Hall. Remember speed is a crucial requirement. 

Examination Tips:

1. Take a quick glance at the question paper spending not more than five minutes to select the questions you are likely to answer.

2. Answer the easiest question first and in that order the rest. It is compulsory to answer the Compulsory Question. By not answering the compulsory question your maximum marks will be limited to 80%. (But the answer paper itself , will be valid.).

3. It is preferable to answer the fewer questions correctly and fully rather than more questions answered partially in each case.

4. Just before answering each question, read the question very carefully word by word trying to make the significance of each word, atleast once. If necessary, this may repeat even three or four times, particularly in the numerical subjects.

5. Allot time for each question based on marks allotted to the question. Generally you have about 160 minutes to answer for 100 marks after deducting time for question paper scanning, planning answering sequence, personal relaxation time etc .Hence you can allot 1.5 mts per mark. Try to stick to the schedules. However, the compulsory question may take longer, sometimes up to one hour. You will have to make up the time from the easier questions.

6. Answer the theory questions preferably last in the case of numerical subjects as these can be answered correctly in shorter periods quite often.

7. Impress the valuator with the first answer. It should represent you caliber to give a good answer in all respects: content, neatness and presentation.

8. If there is a question for which you do know the answer but do not have the time to write it fully, write a synopsis for the answer. This should be done, if required, only at the end of the answer sheet. 

It is high time for us to understand the importance for the study. There are certain Pre – Conditions for a successful study. Accordingly I’d request you to properly plan your study schedule for the day. Finish the entire schedule within the time period.

Get Sudycafe's Updates by SMS in your mobile by Following below two Steps: 

1. Download our SmartPhone Application &     

2. Send a SMS, Type: JOIN CASTUDYCAFE & send to 9219592195

This Article is written by CMA Samir Biswal. He can be reached at cmasamirbiswal@gmail.com

Read more »