Vijender Sharma elected as the President of the Institute of Cost Accountant of India: The Institute of Cost Accountants of India said that Vijender Sharma has been elected as the new president and Rakesh Bhalla as vice-president for 2022-23. The institute, which is a statutory body set up under an Act of Parliament, comes under the administrative control of Union Ministry of Corporate Affairs. Mr. Vijender Sharma was Vice President and CMA Rakesh Bhalla was Central Council member and Chairman of Direct Tax Committee of the Institute in previous term 2021-22.
December 2022 Current Affairs Quiz
The Institute of Cost Accountants of India (ICAI-CMA) is a statutory body constituted under an act of the Parliament and is the regulator for the profession of Cost and Management Accountancy in India. Its qualified members are specialized in the field of Costing, Valuation, Insolvency Bankruptcy Code-2016 and Goods & Services (GST) Acts. The institute is also member of International accounting bodies. Having more than 60000 qualified members across the world.
Static/Current Takeaways Important For All Exam 2022:
- Institute of Cost Accountants of India Founded: 28 May 1959;
- Institute of Cost Accountants of India Headquarters: Kolkata, India.