ICWAI in 2004: Grappling with New Challenges
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
: |
BSTA024 |
Electronic Format: Rs.
500;
courier (within India):Rs. 25 Extra
Themes- |
| Case Length |
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20 Pages |
| Period |
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2004 - 2005 |
| Organization |
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( ICWAI )
Institute of Cost and Works Accountants of India |
| Pub Date |
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2005 |
| Teaching Note |
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Not Available |
| Countries
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India |
| Industry |
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Management
Association |
Abstract:
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In 2004, the Institute of Cost and Works Accountants of India (ICWAI), is facing
major concerns. The Institute's financial position is deteriorating rapidly,
with a sharp decline in student registrations. The Institute has also been mired
in controversies involving examination malpractices and financial mismanagement.
Its outdated curriculum, severe competitive pressure from new programmes and
serious differences within the Central Council, ICWAI's apex body, have
contributed to ICWAI's decline. To complicate matters, a recent bill in
parliament has opened the doors for government intervention. ICWAI's Central
Council members are trying to figure out ways to revitalise their 60-year old
organisation. |
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Contents:
Keywords:
Institute of Cost and Works Accountants of India (ICWAI), Cost accountancy, Registration, Correspondence course, Institute of Chartered Accountants of India (ICAI), Project evaluation, Risk management, Efficiency monitoring, Financial service, Non-performing asset, Cost audit, Risk assessment
ICWAI in 2004: Grappling with New Challenges
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