bill to change the name of Institute of Cost and Works Accountants of India (ICWAI) to Cost and Management Institute of India would soon be introduced in Parliament, ICWAI President G N Venkataraman said here on Friday.
He told reporters here that the minister concerned has given an assurance in this regard.
He said the name change would eliminate the disadvantage faced by Indian professional accountants, who despite being cost and management accountants, are treated as 'works' accountants abroad.
Earlier, he inaugurated the two-day All-Kerala Cost Convention, attended by nearly 300 delegates.
He told reporters here that the minister concerned has given an assurance in this regard.
He said the name change would eliminate the disadvantage faced by Indian professional accountants, who despite being cost and management accountants, are treated as 'works' accountants abroad.
Earlier, he inaugurated the two-day All-Kerala Cost Convention, attended by nearly 300 delegates.
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