The Institute of Cost Accountants of India
Northern India Regional Council

Let us tell you the importance of yourself

"In cost accounting standards, perhaps India is the global leader."- Robert Bunting, president, IFAC

"1.5 million CMAs and CAs are not enough for huge Indian economy." - Rakesh Singh, ICAI President

About NIRC
The Institute of Cost Accountants of India was established by the Government of India as an autonomous professional Institute in 1959 to provide training, education and research facilities in cost and management accounting. The Institute was first formed as a limited company in 1944 under the provisions of the then companies Act 1913.

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  • To develop the Cost and Management Accountancy function as a powerful tool of management control in all spheres of economic activities.
  • To promote and develop the adoption of scientific methods in cost and management accountancy.
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Vision & Mission
  • "The Institute of Cost Accountants of India would be the preferred source of resources and professionals for the financial leadership of enterprises globally."
  • "The Cost and Management Accountant professionals would ethically drive enterprises globally by creating value to stakeholders in the socio-economic context through competencies drawn from the integration of strategy, management and accounting."
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