Modified Practical Training Scheme.

Modified Practical Training Scheme.

Posted:

Dear Students,

Subject: Modified Practical Training Scheme

All the students registered to the intermediate course of the Institute on or after 1st January 2008, are to undergo practical training/ employment of at least 6 months as on 30/9/2013, to become eligible to appear for December final examination.

The students who could not complete training or employment of at least 6 months but are desirous of appearing for Final Examination of the Institute in Dec 2013, shall enroll for I-CMA Training (I-CMAT) module of the Institute at least complete 100 hours of Training to make an application to appear in the final examinations, by filing online Form T-6. The Institute has made arrangements for imparting 100 hours I-CMAT training to the students who have registered for I-CMAT Training module.

To avail this training student has to pay fees of Rs. 3000/- in form of Demand Draft in favor of Institute of Cost Accountants of India payable at New Delhi and apply through online mode.

For detailed guidelines and for filing on-line application to enroll for I-CMAT Module, please visit the website of the Institute at www.icmai.in

The closing date or submitting online Form is extended to 4th September 2013 for Dec 2013 final Exam.

Before filling the on-line form, please obtain a Demand Draft for Rs.3000/ drawn in favour of “The Institute of Cost Accountants of India” payable at New Delhi.

Please check and fill all the fields including e-mail id very carefully before submitting the form. No changes will be allowed after submitting the form.

The students after filling T-6, need to take print out of the same and send it to The Director (T&P), Institute of Cost Accountants of India, 4th floor, CMA Bhawan, 3, Instit utional Area, Lodhi Road, New Delhi -110003 along with DD.

If the application not received with DD, the on-line application will not be considered as good. Please indicate your mobile number, new Registration number and your name on the back side of the Demand Draft.

For any query on the above, you may refer the FAQ on practical training available at http://www.icmai.in/upload/Training/FAQ-on-Practical-Training.pdf or write us back at training@icmai.in.

Best Wishes,
Training Directorate

The Institute of Cost Accountants of India

The Institute has signed an MOU with CMJ University established in Meghalaya states

Salient features of the MOU signed between the Institute of Cost Accountants of India and CMJ University, Shilong.

Hold jointly workshops, seminars, continuing education and training programs for practicing professionals and corporate executives on themes of topical and professional interest on equal surplus / deficit sharing basis. Regularly exchange Journals published by the parties hereto on a complimentary basis, with liberty to reproduce in each other's publications such portion which may be of interest subject to acknowledging the source. Regularly exchange course materials, case studies, research publications and other academic and research inputs.

Public Notice on Foreign Trade Policy

Reference Links  :   www.icwai.org

                                http://members.icwai.org/members/docs/Public-Notice-dated-11-Oct-2012.pdf

10/12/12                                                              164.100.9.245/Exim/2000/PN/PN12/pn2212.htm

TO BE PUBLISHED IN THE GAZETTED OF INDIA EXTRAORDINARY

(PART-I, SECTION-I)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE AND INDUSTRY

DEPARTMENT OF COMMERCE

PUBLIC NOTICE No. 22(RE-2012)/2009-14

NEW DELHI THE 11TH October, 2012

Subject:- Certification of various documents by Cost Accountants under Handbook of Procedure Vol.I and Appendices under Foreign Trade Policy.

In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedure Vol.I and Appendices 2009-2014 in public interest:

1.      Wherever the term "Chartered Accountant" appears, it would deem to mean and include "Cost Accountant" also. Similarly, wherever the term "FCA" has been used in respect of a Chartered Accountant, it would deem to mean and include the term "FCMA" in respect of a Cost Accountant.

2.      The words "CA Number" shall be substituted to read as "Membership Number".

3.      The words "Cost and Works Accountant" shall be substituted to read as "Cost Accountant".

Effect of this Public Notice:-   Under the EXIM Policy and Procedure, wherever certification by a Chartered Accountant was required, the exporters would be able to get certification done by a Cost Accountant also.

Sd/-

(Anup K.Pujari)

Director General of Foreign Trade

E-mail: dgft@nic.in

(F.No.01/94/180/468-Appendices/AM12/PC 4)

Re-examination schedule in Gujarat Dec-2012

Dear All,
Due to Elections, the institute has changed exam schedule in Gujarat.
Please check out dates below.
also find attachment.

Reference Links :
www.icwai.org
http://icwai.org/icwainew/docs/updates/Reexamination-in-Gujarat.pdf


Ref.No.Ex/12/2012               October 9, 2012

ANNOUNCEMENT

On 3rd October 2012 the Election Commission of India had notified the schedule of Gujarat State Assembly Elections, 2012.
The notification had stated that there will be 2 (Two) phases of Assembly Elections for Gujarat State Assembly Election
2012. For the first phase, the date of polling will be 13.12.2012 (Thursday) and the 2nd phase polling will be held on
17.12.2012 (Monday).

In view of the above, the Institute has rescheduled its December 2012 examination for Gujarat State only as per following :

Examination Centre	Original date of Examination	Revised date of Examination	Intermediate 9.30 A.M. to 12.30 P.M.	Final 2.00 P.M. to 5.00 P.M.	Foundation 2.00 P.M. to 5.00 P.M.
Surat Centre Code -117	13.12.2012	23.12.2012	Applied Direct Taxation	Indirect & Direct Tax Management	NIL
Vapi Centre Code -129	13.12.2012	23.12.2012	Applied Direct Taxation	Indirect & Direct Tax Management	NIL
Adipur-Kachchh Centre Code -134	17.12.2012	23.12.2012	Applied Indirect Taxation	Business Valuation Management	Business Mathematics & Statistics Fundamentals
Ahmedabad Centre Code -101, 132	17.12.2012	23.12.2012	Applied Indirect Taxation	Business Valuation Management	Business Mathematics & Statistics Fundamentals
Baroda Centre Code -103	17.12.2012	23.12.2012	Applied Indirect Taxation	Business Valuation Management	Business Mathematics & Statistics Fundamentals

Scheduled date and Subject of Examination except above two days as per Time Table and Programme – December 2012 of
above centres in Gujarat will remain unchanged.

The Examination Time Table and Programme – December 2012 for all other Centres in India and Overseas will remain
unchanged.

A. Das
Director (Examination)

Applicability of Revised Schedule VI from Examinations to be held in December 2012 and onwards

Reference links
www.icwai.org
http://icwai.org/icwainew/docs/updates/Clarification-for-applicability-of-Revised-Schedule-VI.pdf

Ref: DOS/8/2012-13:                                        Dated: 10/10/2012

CLARIFICATION

Sub: Applicability of Revised Schedule VI from Examinations to be held in December 2012 and onwards
The Directorate had been receiving enquiries relating to applicability of Revised Schedule VI in Examinations of the Institute to be held in December 2012. All concerned were  informed that the same would be applicable. It is observed that there is some confusion which has aroused due to some clarifications provided earlier. 

Hence, it is stated for general information that the Revised Schedule VI shall be applicable from December 2012 Examination onwards (until further notification/clarification on this issue) of the Institute for the following papers:

Group I: Paper 5: Financial Accounting (already uploaded in website)
Group IV: Paper 16: Advanced Financial Accounting & Reporting (to be uploaded by 19th October, 2012)

Students are advised to visit the website of the Institute under "Students-download" section for making reference to "Additional Reading Materials on Revised Schedule VI" (check website from 19th October,2012) and "Revisionary Test Paper – for December 2012 Examination"


R.N.Pal
Sr.Director (Directorate of Studies)

Verification of marks

Link :: RULES OF VERIFICATION OF ANSWER PAPERS  & application form (www.icwai.org)


Application for verification of marks for exams..

           ||      .... (scanned copy)
    ||  (Available on www.icmai.in)
    

Download above application form and fill it.
Attach "DD" for same in favor of "Institute of Cost Accountants of India".
Marks verification fees "250 Rs. per paper".
Send it within one month after declaration of Result.
Send it to

Director of Examination,

 The Institute of Cost and Works Accountants of India
12, SUDDER STREET,

KOLKATA - 700 016

Notification Related to Re-verification of Marks

Links  : http://exam.icwai.org/exam/students-notification.asp

http://exam.icwai.org/exam/docs/Students-verification-fee.pdf

Dear All,
This is for your kind information that, as par decision taken in the 271st
meeting of council of the Institute held on 24 September 2011,
verification fee is increased from Rs.100 par answer script to Rs. 250
par answer script from December 2011 term onward.
--
Sr. Director (Examination)

Important Announcement for Students for December 2012 Term of Examination

NOTIFICATION

September 10, 2012

Ref. No. DOS-1/9/12

1. Finance Act, 2011 involving assessment year 2012-13 will be applicable for the subjects Applied Direct Taxation (Intermediate), Applied Indirect Taxation (Intermediate) and Indirect and Direct Tax Management (Final) for the purpose of December - 2012 term of examination under Revised syllabus 2008. 
2. Cost accounting Record Rules 2011, Cost Audit Report Rules 2011, CAS 1-14 will also be applicable for Paper-17 (Cost audit and Operational Audit)for Dec-2012 exam. It may be noted that this was applicable since Dec-2011 term exam. For Ref material , visit www.icwai.org, students-download section under paper-17.

Links for same : 

http://students.icwai.org/studies/docs/DS31112.pdf

http://students.icwai.org/studies/students-circular.asp

Circular on compulsory training period for Final

Reference : www.icwai.org
Pdf of cicular : http://students.icwai.org/Training/docs/Circular31-01-2012.pdf

31St January 2012

CIRCULAR

All Regional Councils / Chapters

Pursuant to the decision taken by 271st council meeting held on 24th September

2011, the Practical Training scheme for the students registered under Revised

Syllabus 2008 (Registered for Intermediate course on or after 01.0 1.2008), stands

modified to the extent as mentioned below:

A student having registered for Practical Training under Revised Syllabus 2008,unless exempted from taking this training, must register as a Trainee with a principal or an employer, as referred to in the scheme of Practical Training, for a period of at least one year of Training and must have completed at least 6 (six) moths of Training under an eligible employer for being eligible to make application for appearing in the Final Examination. This Period of 6 (Six) months as referred to herein, should be completed by 31st march or 30th September for the following June and December Term of examination respectively. The period of practical Training shall include the period covering from the date of commencement till the date of completion of such training. In case of change of Principal/Employer, i.e. student serving under different Principal/Employers, the accumulated period of Training shall included training periods undergone with different Principal/employers, including the days of leave availed as per rules but excluding excess leave availed, if any.

This scheme of completion of at least 6 (six) months of Training, having registered for training of one year would come into force from December 2013 term of examination onwards.

Important Announcement for Students for December 2011 Term of Examination

Reference from :  www.icwai.org

http://students.icwai.org/studies/docs/Important_Announcement_for_students.pdf



THE INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA
12, SUDDER STREET, KOLKATA – 700 016
(Established by an Act of Parliament)
Telegram: STANDCOST
Telephones: 2252-1031/14/35
 2252-1602/0492
 Fax: 91-33-22527993
91-33-22521026
Website: www.icwai.org

August 21, 2011

Important Announcement for students

Sub : Cost Accounting Standards / Companies( Cost Accounting Records) Rules,
2011, Companies ( Cost Audit Report) Rules, 2011

It may be noted that
a) Cost Accounting Standards (CAS ) 1 – 13
b) Companies( Cost Accounting Records) Rules, 2011
c) Companies ( Cost Audit Report) Rules, 2011

will be applicable for the students appearing in December 2011 term of
Examination.

Arnab Chakraborty
Director- Studies.

===================================================

 N O T I F I C A T I O N

July 18, 2011

Ref. No. DS -3/7/1/11


Finance Act, 2010 involving Assessment Year 2011-12 will be applicable for the
subjects Applied Direct Taxation (Intermediate), Applied Indirect Taxation
(Intermediate) and Indirect & Direct Tax Management (Final) for the purpose of
December 2011 term of Examination under Revised Syllabus 2008.



Arnab Chakraborty
Director - Studies