The Management Accountant - June 2024
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8 The Management Accountant - June 2024
www.icmai.in
“Take risks in your life. If you win, you can lead, if
you lose, you can guide.”
-- Swami Vivekananda
My Dear Professional Colleague,
s we usher in another month of dynamic
developments and professional
milestones, I am delighted to share the
latest updates and accomplishments of
the Institute. We continue to advance our mission of
fostering excellence in cost and management accounting,
with several key initiatives and events designed to
support the professional growth and the broader goals
of CMA fraternity.
61st National Cost and Management Accountants’
Convention - 2024
I am delighted to invite you to the upcoming
61st National Cost and Management Accountants’
Convention- 2024, scheduled for 27-29 June, 2024 at
Tent City 2, Ekta Nagar, Statue of Unity, Gujarat.
The theme of the NCMAC – 2024, “Viksit Bharat
2047: Synergizing Catalysts for Sankalp to Siddhi”
signifies an inevitable paradigm shift in the role and
significance of CMAs. It highlights a remarkable
transformation of CMA’s role from financial reporters
to strategic partners and visionaries who actively
contribute to India’s economic development, innovation,
sustainability and growth. This prestigious event will
bring together leading dignitaries/professionals to share
insights, network, and explore the latest advancements
in cost and management accounting, and how CMAs are
CMA Ashwin G. Dalwadi
President
The Institute of Cost Accountants of India
pivotal in providing the vision needed to propel India
towards a Viksit Bharat.
Join us at NCMAC 2024 for days filled with
informative sessions, expert speakers, and valuable
opportunities to connect with peers. Your participation
will be a significant addition to the success of this
convention.
Please note that the number of seats is limited for this
first ever residential National Convention of ICMAI
and registration is on First Come First Serve Basis.
For more details and online registration, visit: https://
icmai.in/NCMAC-2024/. I look forward to seeing you
at NCMAC- 2024.
Recognition to ICMAI SAO as Self-Regulatory
Organization (SRO)
I am happy to inform that SEBI vide its circular dated
27th May, 2024 has specified ICMAI Social Auditors
Organization – ICMAI SAO (promoted by the Institute
of Cost Accountants of India) as Self-Regulatory
Organization (SRO) for Social Impact Assessors in the
context of Social Stock Exchange. The recognition by
SEBI to ICMAI SAO to act as a SRO would facilitate our
active pursuit in building a healthy and robust ecosystem
for sustainable growth of the Social Stock Exchange.
I look forward to active and sustained engagement of
members in the activities of ICMAI SAO.
Meeting with UGC Chairman
I am pleased to announce that on 16th May, 2024,
I had the privilege of attending a meeting with the
UGC Chairman in New Delhi, alongside senior
officials from ICMAI and UGC. During this meeting,
we delivered two key presentations: one showcasing
our Institute and the other outlining our proposals for
the UGC. These proposals included facilitating credit
transfer, recognition as a national-level research center,
development of skill enhancement courses, introduction
of a management accountancy course at the college
level, and strengthening industry-academia linkage. This
meeting marks a significant step towards harnessing
institutional collaboration for the greater good, setting
a precedent for future partnerships aimed at nation
building.
Meeting with NCVET Chairman and UGC
Chairman
I am pleased to share that on 24th May, 2024, my
PRESIDENT’S COMMUNIQUÉ
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