RE: [accountants_forum] Re: COST AUDIT Authority

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Dear All,
 
Certaily it is an eye opening issue for all the respected members of ICMAP. I am personaly surprised to know that CA are allowed
to conduct the cost audit.
 
I do request the National council and Management of ICMAP to take up this matter and get the justice done. If the CA are in the council
and management of ICMAP they should never oppose this otherwise all the ICMAP members are requested to look into the selection /election
process of the future council members and management of ICMAP.
 
Pls note that i am not personaly against any qualification but this is a matter of rights and i will keep raising this issue.
 
Kind regards,
Inam Javed FCMA
 

To: samreen_cma@yahoo.com; FinProS@yahoogroups.com; accountants_forum@yahoogroups.com
From: mmy_mohsin@yahoo.com
Date: Tue, 5 Jul 2011 02:55:51 -0700
Subject: [accountants_forum] Re: COST AUDIT Authority

 
Dear all friends

First, i appreciate the effort and courage to raise this topic. Here the problem is that, top management of ICMAP are also chartered accountant, and they intentionally do not want to take the step to remove the clause from company ordinance for eligibility of chartered accountant to conduct the cost audit of firm. Even, i personally believe that course structure of CA is not much relevant to cover the all aspect of cost audit, but i don't know why they give them authority to conduct the Cost Audit.

With reference of this topic and forum, I am hereby requesting to respected management of ICMAP that, take needful action in this regard, do not let you down yourself even your own identity. We do not need the implementation of formal dress code, we need our identity.

Regards
Mohsin Yousuf
CMA(finalist)



From: Samreen Feroz <samreen_cma@yahoo.com>
To: FIN PRO <FinProS@yahoogroups.com>
Sent: Monday, July 4, 2011 10:14 PM
Subject: [FiNpRoS] Re: COST AUDIT Authority

 

Members  Please comments.....

From: Rizwan Farooque <rizwancma@yahoo. com>
Subject: Re: Management Accountants: : COST AUDIT Authority
To: ManagementAccountan ts_Forum@ yahoogroups. com
Date: Friday, July 30, 2010, 4:19 AM

Dear Memeber.
 
its good quetion why CA conduct cost audit ?
its
 

 

From: some one <forsome148@yahoo. com>
To: managementaccountan ts_forum@ yahoogroups. com; cost-accountants@ yahoogroups. com
Sent: Thu, July 29, 2010 5:12:29 PM
Subject: Management Accountants: : COST AUDIT Authority


Refer to cost audit hand book issued by ICMAP…
India is the pioneer in introducing  "COST AUDIT"  since late  60s and now over 40 industries are covered under cost audit scheme. In India and Bangladesh,  ONLY   Cost & Management Accountants are eligible to conduct cost audit. In Pakistan, Chartered Accountants are also eligible to conduct cost audit.

Members are requested to comments on it;
WHY CHARTERED ACCOUNTANTS  ARE  ELIGIBLE TO CONDUCT COST AUDIT  IN PAKISTAN ???




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