Reviews
Overall Rating
5
2 Reviews
Write Review
Services
Questions & Answers
About The Institute of Cost Accountants of India in Trivandrum Chapter TC-9/832-6, ICWAI Bhavan, Jawahar Lane, Vellayambalam, Sasthamangalam,, Thiruvananthapuram
◄History of the Profession►It was during the early years of World War II, that the concept of cost as an independent entity made its beginning in the industrial circles of the world. Due to the prohibitive cost of defense operations, the then governments at war found it difficult to ascertain the price of defence purchases and thus evolved the concept of cost + contracts. This forced the contractors to submit the cost of the work to be undertaken by them, in order to be awarded the contract.
1945 brought the end of the war, and the nations ravaged by the effects of war began large-scale reconstruction of their economies through industrialisation. The end of colonialism meant that many nations gained their independence, and this process increased rapidly. The late forties and fifties can really be termed the golden era of industrialisation. The importance of cost accounting as being central to the formation of government policies provided the foundation of the rapid growth of the profession. What began as a mere exercise in estimating the cost later developed into a movement for efficiency and optimum utilisation of scarce resources.
The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objects of promoting, regulating and developing the profession of Cost Accountancy.
On 28th May, 1959, the Institute was established by a special act of Parliament, namely, the Cost and Works Accountants Act, 1959 as a statutory professional body for the regulation of the profession of cost and management accountancy.
It has since been continuously contributing to the growth of the industrial and economic climate of the country.
The Institute of Cost Accountants of India is the only recognised statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy.
A Cost Accountant is a person who offers to perform or perform services involving the costing or pricing of goods and services or the preparation, verification or certification of cost accounting and related statements.
The head office is situated at 12, Sudder Street, Kolkata 700 016 and operates through four regional councils are Kolkata, Chennai, Delhi and Mumbai as well as through a number of important chapters situated elsewhere in India and abroad.
◄Objectives of the Institute►
► To develop the Cost and Management Accountancy function as a powerful tool of management control in all spheres of economic activities.
►To promote and develop the adoption of scientific methods in cost and management accountancy.
►To develop the professional body of members and equip them fully to discharge their functions and fulfill the objectives of the Institute in the context of the developing economy.
►To keep abreast of the latest developments in the cost and management accounting principles and practices, to incorporate such changes are essential for sustained vitality of the industry and other economic activities.
►To exercise supervision for the entrants to the profession and to ensure strict adherence to the best ethical standards by the profession.
►To organise seminars and conferences on subjects of professional interest in different parts of the country for cross-fertilisation of ideas for professional growth.
►To carry out research and publication activities covering various economic spheres and the publishing of books and booklets for spreading information of professional interest to members in industrial, education and commercial units in India and abroad.
Top categories in Thiruvananthapuram
Popular Business in thiruvananthapuram By 5ndspot
Asianet News, News & Media WebsiteAsianet News Network Private Ltd TC 26/621, (1 to 13 No.s) Secretariat Ward, Opposite Kerala Fire and Rescue Services Headquarters, (adjacent to Hotel Keys), Housing Board Junction, Thiruvananthapuram, India - 695001
India's No.1 Malayalam TV News Channel
Anvica Homes, Real EstateManacadu, Thiruvananthapuram, India - 695024
Anvica Builders and Developers Pvt Ltd is a residential & commercial builder in South India .
Asianet Mobile TV, TV Network, Thiruvananthapuram, India -
Asianet MobileTV Services
Czarina-The Designer Wear Boutique, Women's Clothing StoreCzarina , Shop No. 21, Catholic Centre,, General Hospital Jn., Thiruvananthapuram, India - 695035
Czarina is a leading Indian designer boutique that specializes in women’s clothing.
Muthoot India, Financial ServiceMuthoot Centre, Punnen Road, Thiruvananthapuram, India - 695039
Roots in business since 1887, Muthoot Pappachan Group (MPG) activities include gold finance, financial services, consumer loans, hospitality,infrastru
Cinemascoop.NET, Media/News CompanyN. S. P. Nagar Road, Thiruvananthapuram, India - 695004
All about cinema on your finger tips...Visit www.cinemascoop.net Find everything about movies online... <3 LIKE <3 and Get Updated on Movies! Enjoy !
Kerala Public Service Commission, Government OrganizationHead Quarters at Thiruvananthapuram, Thiruvananthapuram, India - 695004
The Official page of Kerala Public Service Commission
Alika, Women's Clothing StoreMUDRA 162, MUDAVANMUKAL, POOJAPPURA PO · Thiruvananthapuram, Kerala, Thiruvananthapuram, India - 695012
"An exclusive collection of embroidered sarees ,churidhar material, night wears and Shawls."
Ray World, Bridal ShopM G Road, Thiruvananthapuram, India - 695001
"RAY WORLD"... Designer Boutique, Tailoring, Beauty Clinic, Online store & much more.... Call us or WhatsApp on +91-7591910191 or visit our shop @ TVM
Asoka News, Media/News Company, Thiruvananthapuram, India -
Asokanews is the world's 1st Online News website in which online readers/viewers can select there own language and read the news
Kairali Constructions, Home Decor"Thiruvambadi', Maruthankuzhy, Kanjirampara.P.O, Thiruvananthapuram, India - 695030
Architectural well designed home & Building construction....company in Thiruvananthapuram, Kerala.
RamachandraN, Women's Clothing Store37/37, Ramachandran Street, Pazhavangadi , East fort, Thiruvananthapuram, India - 695023
A leader in textiles showrooms in the capital city of Kerala, Trivandrum, since 1980.
Online PSC Coaching, Educational Research Center, Thiruvananthapuram, India - 695014
Make your exams easy @ www.pscexams.com
Kudumbashree, Government OrganizationKudumbashree State Mission Office, 2nd Floor, TRIDA Rehabilitation Building, Chalakuzhy Road, Medical College P.O., Thiruvananthapuram, India - 695011
Launched by the Govt of Kerala in 1998for wiping out absolute poverty from the State through concerted community action under the leadership of Loc
IASE, EducationIASE, Behind Petrol Pump,S.J.Towers, M.P Appan Road,Vazhutacaud,Trivandrum, Thiruvananthapuram, India - 695014
IASE, provides various short term job oriented courses for Btech,BE,Diploma ITI , VHSC and +2 students depends on their qualification.
Kerala State Road Transport Corporation, Government OrganizationKerala State Road Transport Corporation, Transport Bhavan, Fort. P. O., Thiruvananthapuram, India - 695023
Official Facebook Page of Kerala State Road Transport Corporation (KSRTC)
Dainty Divaa, Women's Clothing StoreUR 24, Meklyn Vil, Uppalam Road,Statue, Thiruvananthapuram, India - 695001
Cherry picked collection from the finest looms & artisans across India.To book - Please inbox/whatsapp/sms to +91 8592884445 or +91 8593884445.
3D Bricks, Interior Design Studio3D Bricks, Powdikonam P.O, Thiruvananthapuram, India - 695587
3DBricks, a Concept Design Firm based in Thiruvananthapuram, Kerala www.3dbricks.com
Glitz Style, Women's Clothing StoreSaffiya Tower, Pattom, Thiruvananthapuram, India - 695010
It's all about the Woman in You! - Glitz Trivandrum
Keralaponics, Urban Farm52, Krishna Nagar, Perurkada,, Thiruvananthapuram, India - 695005
Keralaponics promotes Aquaponics, and various other urban farming techniques. It supplies planting materials and helps to market organic products.