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Enrollment
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Enrollment to Associate and Fellow Membership
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A person who has passed the Final Examination of the Institute and who has obtained
for a period of not less than three years of practical experience covering different
branches of Costing or Industrial Accounting viz. stores, materials, labour, overhead,
etc. In a responsible position in any one or more industrial or commercial or government
units or departments and produced evidence to that effect to the satisfaction of
the Council may seek admission to associate membership of the Institute. The practical
experience as above may be acquired prior to or after passing the Final Examination
or partly before and partly after passing the said examination.
The council has decided that the following types of experience for the duration
indicated in each may be acceptable as adequate for the purpose of admission to
Associate Membership, subject to the satisfaction of the council.
In banking, Insurance or similar other financial institution - experience for the
duration indicated in each, may be acceptable as adequate for the purpose of admission
to Associate Membership, subject to the satisfaction of the Council:
(i) In banking, Insurance or similar other financial institution- experience involving
project analysis, feasibility reports, financial profitability analysis, etc. or
economic efficiency analysis of institutions for a minimum period of three years
on a whole time basis.
(ii) In Universities, management institutions, etc. practical experience in handling
projects and specific studies in Costing and management Accounting and in other
management functions with economic content and analysis for a minimum period of
three years.
(iii) Professional experience on full-time basis with a Practicing Cost Accountant
for a minimum period of three years or on part-time basis with any organisation for a
minimum period of five years.
(iv) Experience with engineering basis involving analysis, project study and allied
disciplines for a minimum period of three years.
(v) In the case of persons who are members of the Institute of the Company Secretaries
of India:
1. Experience as company secretary having direct responsibility of cost accounting
functions for a minimum period of three years.
2. Experience as Company Secretary who is closely associated with cost accounting
functions for a minimum period of three years in a manufacturing company having
a paid up capital of not less than' Rs.25 lakhs.
3. Practical training/experience in cost accounting functions on full time basis
for a period of two and half years.
(vi) In the case of persons having teaching experience, the following conditions
should be fulfilled:
They should have had teaching experience in Cost Accountancy for a minimum period
of five years at Graduate or Post Graduate level in Government Institutions, Universities,
or University affiliated colleges.
Application for Associate Membership/Fellow Membership should be made in the prescribed
Form "M2". The fees payable with the application are:
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Associate Member
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Fellow Member
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Entrance Fees
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Rs. 1000 /-
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Rs. 1000 /-
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Annual Membership Fees
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Rs. 1000 /-
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Rs. 1500
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Refund of Fee : Every person whose application for admission to the membership of
the institute is not accepted by the Council shall be entitled to a refund of the
fee paid by him
Click here to apply for Membership
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