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The Management Accountant - November 2024

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8 The Management Accountant - November 2024

www.icmai.in

at Delhi. The MoU was signed by the Secretary

of ICMAI and the Chairman of the MSMECCII

Shri Indrajit Ghosh.

The MSME Chamber of Commerce and Industry

of India is an NGO established in 2019 for working

on the field to help the industry and social issue. The

MSMECCII works closely with the government,

industry associations, and other stakeholders to

create an enabling environment for MSMEs to

thrive. It provides a range of services to MSMEs,

including capacity building, market development,

technology upgradation, and policy advocacy.

MSMECCII Chamber has all relevant members

globally in various fields to guide the sector to

grow fast.

I strongly believe that the MoU will help to

constitute a think tank by drawing professionals and

experts from multi-disciplinary areas across sectors

and periodically deliberate and chart pathways to

work more closely for the betterment of the CMA

fraternity towards MSME Sectors.

Members Meet at Hyderabad Chapter

I along with CMA TCA Srinivasa Prasad,

Vice President, ICMAI and CMA (Dr.) K Ch A

V S N Murthy, Council Member, ICMAI had an

opportunity to meet and interact with the members

during the Members Meet organised by the

Hyderabad Chapter of ICMAI at Hyderabad on 26th

October, 2024. This event provided an interactive

platform for members for discussing the recent

initiatives of the Institute and important matters

related to CMA profession.

I wish prosperity and happiness to our members,

students, and their families on the occasion of Chhat

Puja & Guru Nanak Jayanti and wish them success

in all of their endeavours.

With warm regards,

CMA Bibhuti Bhusan Nayak

November 4, 2024

and get their firm/s (Proprietorship, Partnership

or LLP) peer reviewed by an empaneled reviewer.

For this please fill up the PU Questionnaire and

send a signed copy of the same to the peer review

Board on its email peerreviewboard@icmai.in.

For assistance please go through the Instructions

for filling up the Questionnaire.

I urge the eligible practicing members to empanel

themselves as Peer Reviewer in order to undertake

the Peer Review assignments on payment basis,

by filling up Empanelment Form and sending

a signed copy to the Peer Review Board at

peerreviewboard@icmai.in along with the signed

declaration.

For more information regarding the Peer Review

Mechanism of the Institute, please visit the Peer

Review Webpage on the Institute’s website.

MOU with ACCA-UK

As you are aware that ICMAI and the Association

of Chartered Certified Accountants (ACCA),

UK signed a Memorandum of Understanding

on 9th August, 2021 to work together towards

co-operation in respect of professional training,

education and examinations. The Members of both

the Institutes are allowed mutual advanced entry

through exemptions from appearing in the majority

of papers to acquire the qualification of the other

professional body.

On 7th October, 2024, an Addendum to the

above said MoU was signed between ICMAI and

ACCA-UK to allow exemptions to ACCA members

to pursue CMA qualification under Syllabus 2022.

The weblink of the Circular dated 16th October,

2024 regarding Reciprocal Exemption between

ICMAI and ACCA-UK (as per MOU) is as follows:

https://icmai.in/upload/Students/Circulars/CMA-

ACCAExemption-Circular.pdf

MoU with the MSME Chamber of Commerce

and Industry of India (MSMECCII)

I am pleased to share with you that the MSME &

Start-up Promotion Board, under the Chairmanship

of CMA Suresh R. Gunjalli has entered one MoU

with the MSME Chamber of Commerce and

Industry of India (MSMECCII) on 23rd October

PRESIDENT’S COMMUNIQUÉ

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