Now Institute of Cost Accountants of India will use acronym ICMAI instead of ICAI: I think the acronym controversy ends here because the Institute of cost accountants of India issued a circular regarding the use of acronym “ICMAI” instead of ICAI.
It is long time controversy between the Institute of Cost Accountants of India (ICMAI) and the Institute of Chartered Accountants of India (ICAI). Originally CA Institute used the acronym ICAI and currently using it but the Cost Accountants Institute also started using the acronym ICAI.
Now Institute of Cost Accountants of India will use acronym ICMAI:
13th June 2023
Sub: Usage of acronym “lCMAl” for the Institute of Cost Accountants of India
The Council of the Institute at its 344th meeting held on 20th & 21St May, 2023 has decided to use acronym “lCMAI” for the Institute of Cost Accountants of India.
In compliance thereof, all concerned including all departments, regional councils, chapters, office bearers, elected representatives and employees of the Institute are hereby directed to use the acronym “ICMAl” for the Institute of Cost Accountants of India and also insert all references to the mark ‘`ICMAl” in all the physical and virtual mediums under their control and/ or supervision, which would include social media handles and websites with immediate effect.
(Kausik Benarji)
Secretary
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