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Institute Of Cost Accountants Of India (ICoAl) And Institute Of Company Secretaries Of India (ICSI)

Institute Of Cost Accountants Of India (ICoAl) And Institute Of Company Secretaries Of India (ICSI):

The Union Cabinet has granted ex-post facto approval to the MoUs entered into by the Institute of Cost Accountants of India (ICoAl) and Institute of Company Secretaries of India (ICSI) with various Foreign Countries/Organisations.

  • The Institute of Cost Accountants of India (ICoAl) was established by a Special Act of Parliament, namely, the Cost and Works Accountants Act, 1959 as a statutory professional body for the regulation of the profession of Cost Accountancy.
  • It is the only recognized statutory professional organization and licensing body in India specializing exclusively in Cost Accountancy.
  • Institute of Company Secretaries of India (ICSI) is a statutory body established by an Act of Parliament of India, i.e. The Company Secretaries Act, 1980, to develop and regulate the profession of Company Secretaries in India.

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