THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA The profession of cost and works accountant was established by a special act of Parliament of India, namely, the Cost and Works Accountant Act, 1959. With the passing of the act, The Institute of Cost and works Accountants of India (ICAI) was established in 1944 and was registered as a company under the Companies Act with the objectives of promoting, regulating and developing the profession of cost accountancy. It has since been continuously contributing to the growth of the industrial and economic climate of the country. ICAI is the only recognised statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy. ICAI has its head office at 12, Sudder Street, Kolkata 700 016 and operates through four regional councils in Kolkata, Chennai, Delhi and Mumbai as well as through a number of important chapters situated elsewhere in India and abroad. Its logo has a portrait oval within it i