CMAs are considered as value creator: Verma
   Date :21-May-2021

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Arvind Kumar said, lifelong learning is important practice besides hard work, smart work, fitness also in the advancing/advanced age of life is important 
THE Instittute of Cost Accountants of India, Nagpur Chapter organised a webinar on ‘CMA as a career’ along with student’s felicitation of passed students of Intermediate Stage-I, Stage-II, & Complete Pass as well as Final Stage-III, Stage IV & Final Complete Pass of December, 2020 Examination conducted by the Institute of Cost Accountants of India. The event commenced with welcome address by CMA Anil B Verma, Chairman of Nagpur Chapter of Cost Accountants. He highlighted that Cost & Management Accountant (CMA) are considered as a value creator, value enabler, value preserver and value reporter. Further, the session was inaugurated by the chief guest Arvind Kumar, an IITian from BHU, Varanasi and is currently Center Head Tata Consultancy Services, Nagpur. He said, lifelong learning is important practice besides hard work, smart work, fitness also in the advancing/advanced age of life is important. “Fit for life not today but also for tomorrow when you are in old age keep the purpose intact,” he said. As on date, TCS boast of 6,000 employment of them 2000 are holding finance degree from ICMAI, ICAI, ICFAI and other MBA degree holders. Knowledge and digital mode are important than mere passing certificate,” he stated.
CA Romil Kulkarni, MBA IIM Ahmedabad delivered keynote address. He shared the experience of IIM Ahmedabad and Investment Finance Department. He also elaborated about campus placement where communication and presentation plays vital role. He explained about the case based interviews, area and experience, strength – analytical and logical reasoning with soft skills. The other speaker CMA Shriram Mahankaliwar shed light on importance of CMA by UGC. He deliberated on preparation by qualified CMA’s aspiring for job and those who wish to enter into the field of practice, writing a good employment application, preparing and writing email, how to prepare GD and PI (presentation skills/communication skill), business letter writing, professional skills, professional ethics.
He stressed upon the required skill on Cost Record Rules 2014, financial management, effective cost of capital, return on investment, pay back period, Company Law 2013, considering practical situation learning additional financial package through Tally/SAP/accounting software, convergence of Indian Accounting Standards, compliances, direct tax and indirect tax. CMA P S Patil, Director of Studies, Nagpur Chapter deliberated on coaching/faculty. He said, it is the combination of hard work of faculty and the students, parents due to which the December 2020 results were excellence. CMA P V Bhattad, Past President of the Institute of Cost Accountants of India, highlighted the way forward to all students. The programme was concluded with felicitation of students by CMA Renu Kulkarni, The session was moderated by Pranav Ambaselkar and concluded with vote of thanks by CMA V V S Murty, Secretary, Nagpur Chapter.