ICWA - Institute of Cost and Works Accountants of India offers certification under cost accountancy and cost audit. With the rise in globalization and with the introduction of modern methods of carrying business, these ICWA courses have really turned out as one of the majestic and favorable certification among the commerce stream. Students after passing their 12 standard can enroll with ICWA course.
Institute of cost and works accountants - ICWA offers complete information and knowledge about how to fill form and how to follow ICWA courses. ICWA in India is categorized into three stages Foundation course, Intermediate course and Final examination. After completing foundation course; students need to pass through intermediate phrase and also students after completing their graduation can also take direct admission in intermediate courses and after completing their foundation and intermediate course; finally pass through final examination for ICWA certification.
In today's corporate scenario; ICWA is one of the flourishing career paths that work for cost accounting and management process. Even in now days, every company ranging from small to large enterprise; everyone needs ICWA professionals for their respective operations; where Cost accountant designated with Cost Controller, Chief Internal Auditor, Financial Controller, Marketing Manager and Chief Accountant.
Besides these, ICWA cost professional can also take direct admission in M.Tech and Ph.D under commerce stream. Secondly, AICTE - All India Council for Technical Education also provides an advantage to ICWAI to offer lecturer and professor in professional and management institutes. After completing ICWA course; candidates can either join any of the branded firm or can carry with their own private practice. ICWA brings smart salary packages with bright career future where ICWA professional need to perform below job roles.
- It is statutory for the 40 selected industries by the law under Sec 209(i)(d) of the Companies Act 1956 to maintain their cost accounting records; where these records are being audited by cost accountant under ICWA qualification.
- For import and export policies; cost accountant is needed to certify the documents under the same.
- Cost accountant under ICWA qualified; can carry auditing under the Customs Act. Here, cost accountant can perform while serving to any firm or engaging with their own business of cost management.
- Excise audit under section 14 A and Special Audit under Sec 14AA of the Central Excise Act are also carried by cost accountant.
Students for more information and detail queries you may contact at www.icwai.org;