Cost accountants set to venture into CAs' territory.
Economic Times (New Delhi, India), November, 2006
Nov. 4--NEW DELHI -- Chartered Accountants (CAs) would soon face competition from their professional cousins -- the cost accountants. The Institute of Cost and Works Accountants of India (ICWAI) has decided to change the syllabus of its cost accountancy course to enable these professionals to do financial auditing, currently the exclusive domain of CAs.
Moreover, it is planning to restructure the course in such a way that a student passed out of higher secondary, who completes the new six-month foundation course of five-papers -- the first in the three-phase course -- would be ...
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