CA & CMA Colleges In Ap





                                              ​The 21st Century is a period of unprecedented changes for global economy. While Indian industry confronts the challenges and opportunities of globalization, the nation is faced with the imperative of rapid and sustained economic growth. This scenario resonates strongly with the mission of Sri Medha, which is to create a cadre of professionals who are able to contribute to a dynamically changing finance and commerce industry.


CA:

                 The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament, viz. The Chartered Accountants Act, 1949 for the regulation of profession of Chartered Accountancy in the country. The Institute functions under the administrative control of the Ministry of Corporate Affairs, Government of India and is the second largest professional body of Chartered Accountants in the world.

CMA:

                      The Institute of Cost Accountants of India (erstwhile The Institute of Cost and Works Accountants of India) was first established in 1944 as a registered company under the Companies Act with the objects of promoting, regulating and developing the profession of Cost Accountancy.

On 28th May, 1959, the Institute was established by a special act of Parliament, namely, the Cost and Works Accountants Act, 1959 as a statutory professional body for the regulation of the profession of cost and management accountancy.

It has since been continuously contributing to the growth of the industrial and economic climate of the country.

The Institute of Cost Accountants of India is the only recognised statutory professional organisation and licensing body in India specialising exclusively in Cost and Management Accountancy.


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