A two-day national seminar of the Institute of Cost Accountants of India (ICAI) was inaugurated at Gopalpur in Ganjam district on Saturday.
The seminar is being jointly organised by the ICAI’s South Odisha Chapter, Bhubaneswar Chapter and Cuttack-Jagatsinghpur-Kendrapada Chapter at the OTDC Panthanivas at Gopalpur-on-sea.
Conference Committee Chairman Bibhuti Bhusan Nayak said talks on the theme, “CMAs-Factor of Value Addition in Power and Mining Sector” would focus on current economic scenario of the country.
He said CMAs play a significant role in utilization in power and mining sectors bringing cost effectiveness in final product of all industries in the Indian economy. It is a landmark conference in the history of ICAI being conducted jointly by three vibrant chapters of the State, opined Nayak.
It may be mentioned here that the ICAI, a statutory body, regulates and develops the profession of Cost and Management Accountancy in the country.
The Institute is at the forefront of the grooming professionals to take up the challenges in the area of corporate decision making, management accounting, resource management, performance management, financial reporting and strategy, valuation management across a wide spectrum of industries in the manufacturing, services, and other sectors of economy.
Chief Minister Naveen Patnaik is scheduled to inaugurate the second day of the seminar on Sunday, informed Nayak.