ICWAI Offering CAT Course

A tie-up with Chartered Institute of Management Accounts (CIMA), the U.K., would enable the ICWAI to offer a fast track CIMA qualification for cost accountants. “The CIMA syllabus has a certificate level, managerial level and strategic level. ICWAI qualified personnel will be able to join at the strategic level. They will be exempted from writing 11 papers out of the total 14. Reciprocally, CIMA qualified personnel can attempt the ICWAI examination and need to qualify only in six papers,” Mr. Banerjee said.
As a joint initiative with Indira Gandhi National Open University (IGNOU), a B. Com. in Financial and Cost Accounting, and a M. Com. in Management Accounting and Financial Strategies had been launched. According to M. Shanmugam, Regional Director, IGNOU Regional Centre, Madurai, students who had completed Plus Two could pursue a foundation course in ICWAI simultaneously with the B. Com. course of IGNOU. “Intermediate ICWAI passed students can pursue final course of ICWAI and M. Com. simultaneously. ICWAI students will be exempted from certain papers,” Mr. Shanmugam said.
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