The Management Accountant - September 2024
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10 The Management Accountant - September 2024
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on the topic “Empowering Communities: The Future of
Small-Scale Cooperatives in a Sustainable World” on 14th
August, 2024. Our guest facilitator for the session was Dr.
Madhukar Sharma, Head, Center for International Relations
and Governance, Maharashtra National Law University,
Nagpur.
The webinar focused on the role of small-scale cooperatives
in promoting sustainable development and community
empowerment, examining how these cooperatives can
contribute to a greener and more equitable future. The speaker
talked about Sahkar Se Samridhi Scheme and explained the
role of cooperatives in achieving socio-economic prosperity,
particularly in rural and marginalized communities.
Dr. Madhukar emphasized on the existence of cooperatives
in India, its principals, achievements as wells as India’s
active participation in the cooperatives.
The webinar was taken forward by CMA Navneet Kumar
Jain, Chairman of the Board who apprised the members
about the ensuing initiative of the CDB in bringing out a
Guidance Note on various aspects governing the operations
and management of Cooperative Societies.
MEMBERSHIP DEPARTMENT
During the month of August 2024, 87 new Associate
memberships were granted and 41 Associate members were
upgraded to Fellowship. Communications also made to aware
the Members whose membership fees for the year 2024-25
have fallen due on and from 1st April 2024, to be paid on
or before September 30, 2024. For any further clarification,
it is requested to contact the membership department at:
membership.director@icmai.in and membership@icmai.
in, mentioning the membership number.
PROFESSIONAL
DEVELOPMENT
&
CONTINUOUS PROFESSIONAL EDUCATION (PD
& CPE) COMMITTEE
The Rajasthan Rajya Vidyut Prasaran Nigam Limited
considered Cost Accountants Firms for conducting the
Commercial Accounts Audit.
Please visit the PD Portal for Tenders/EOIs during
the month of August 2024 where services of the Cost
Accountants are required in Centre for Trade and Investment
Law, Shri Saibaba Sansthan Trust, Troop Comforts Limited,
Intelligent Communication Systems India Limited, North
Eastern Electric Power Corporation Limited, Karnataka
Urban Infrastructure Development and Finance Corporation
Ltd (KUIDFC), Cement Corporation of India Limited,
Armoured Vehicles Nigam Limited, HSCC (India) Ltd,
National Textile Corporation Limited (NTC), Mineral
Exploration and Consultancy Limited, Airports Authority of
India, Bhubaneswar, North East Gas Distribution Company
Limited, GAIL (India) Limited, Madhya Pradesh Power
BRIEF SUMMARY OF THE ACTIVITIES OF VARIOUS
DEPARTMENTS/ COMMITTEES/ BOARDS OF THE INSTITUTE
DURING THE MONTH OF AUGUST 2024
BANKING, FINANCIAL SERVICES AND
INSURANCE BOARD
The Banking, Financial Services & Insurance Board of
the Institute and the BFSI department continued its various
activities and initiatives in August 2024, a synopsis of which
is presented herein under:
A. Certificate Courses of BFSI
Advance Certificate Course on Fintech: The admission
for the 1st batch of Advance Certificate Course on
Fintech has started.
Investment Management in collaboration with
NSE Academy: The admission for the Level-1
(Fundamental Analysis & Valuations) Batch No. 2
of the Investment Management in collaboration with
NSE Academy and Level-3 Batch No. 1 (Financial
Derivatives & it’s application are presently going on.
The admission window for the courses is stated as follows:
h t t p s : / / e i c m a i . i n / O C M A C / B F S I /
DelegatesApplicationForm-BFSI.aspx
B. Webinars
The following webinars were organized by the BFSI on
various topics:
White Label Banking held on 2nd August, 2024: CMA
(Dr.) P. Siva Rama Prasad, Former AGM, State Bank
of India was the speaker.
Insurtech held on 9th August, 2024: CMA (Dr.) P.
Siva Rama Prasad, Former AGM, State Bank of
India was the speaker. CMA (Dr.) Tarun Agarwal,
Former Director, National Insurance Academy and
BFSI Board Member, ICMAI graced the occasion as
the Guest of Honour. The webinar was also attended
by CMA T.C.A. Srinivasa Prasad, Vice-President,
ICMAI who provided the special address.
Climate Risk for Banks- Impact, Mitigation and
Disclosure held on 24th August, 2024: CMA (Dr.)
S.K.Gupta, CEO, Registered Valuers Organization
was the speaker.
Due Diligence on Project Financing held on 30th
August, 2024: Ms. R. Sumitra, Former Chief Credit
OfÏcer, Bank of Baroda was the speaker.
C. Publication of Aide Memoire on Infrastructure
Financing (Revised and Enlarged 2nd Edition)
The online purchase link of the publication titled Aide
Memoire on Infrastructure Financing (Revised and Enlarged
2nd Edition) is as follows:
https://eicmai.in/booksale_bfsi/Home.aspx
COOPERATIVE DEVELOPMENT BOARD
The Cooperative Development Board organized a webinar
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