The Institute of Cost Accountants of India

(Statutory body under an Act of Parliament)


My dear professional colleagues

I am thankful to my respected Regional and Central Council members for reposing faith on me by electing as Chairman of Eastern India Regional Council of our premier Institute, The Institute Of Cost Accountants of India for the year 2018-19.

It is a great pleasure and opportunity in rendering  service to our great  profession which stands in the platform of continuous development for the students and the members at large and I can assure not only to my colleagues but also to the members that I will try my level best to serve the profession for the cause of the students and members with the active support of my beloved and respected colleagues in the council of our esteemed profession.

In this juncture I will be left with my responsibility if I do not remember the contribution of our predecessors whose untiring effort for the cause of the profession has helped to build up the foundation on which we are bearing the torch for further development of the profession.

You are well aware that  Cost and Management Accountants are recognised in almost all sphere of  Goods and service tax area excepting a few and fully recognized in the field of Insolvency Professionals under IBC Code, 2016 and Valuation professionals,2017 under the authority of Insolvency and Bankruptcy Board of India. These areas are very important in the present economic situation of the country. Companies Act, 2013 also recognized our profession as EXPERT and also empowered us to appear before NCLT so far as Company matters are concerned.

We, from Eastern India Regional Council, are always conducting regular workshop on the above areas with its practical approach and Members are also participating in large numbers to update themselves about the new amendments and rules  and I am confident that our members are /will be showing expertise in those fields and communicating  the solutions of the problems faced by the manufacturers, traders, service providers of all classes very effectively and efficiently. More such programmes along with new ones which is related to our  profession will be organized on a regular basis  to update the knowledge of the members.

In student front, we are conducting career counseling in different schools and colleges and more number of career counseling will be undertaken on a regular basis in future so that strength of the number of students admission in our course is enhanced. At present the trend of student admission is very much encouraging and expecting that the trend will be continued in future. We will also keep contact with the Chapters so that they may also take initiative for enhancement of students  strength of the Institute.   Skill development programmes  and  training and  placement programme  are also being undertaken vigorously for the students.

Chapters are the backbone of the Institute and unless the Chapters are strengthened  properly,  Our institute cannot claim  the growth and I am also aware that power of the Chapter in line with synchronization of power of  Regional council has been centralized by Head quarter through promulgation of Acts and Rules.  we  are constantly in touch with the issue with our head quarter . But in EIRC with our limited power we will be contacting with the Chapters and extending our all out assistance so  that they can take initiative in career counseling of  students of different nearby schools and colleges as well as  various professional programmes for updating the knowledge of the members keeping in touch with the Head quarter.

We have already planned to take up various issues with the officials of  different State Govt regarding our professional development  and to enhance  the Brand image of our Institute. In this respect suggestions from member are welcome and if any member suggests anything about strengthening and development of the profession, I will request to feel free  to contact with the undersigned.

My best wishes to all for ensuing 72nd Independence day on 15th August,2018

With warm Regards

CMA Shyamal Kumar Bhattacharjee


Published on :16/08/2018