​ICMAI Marks International Management Accounting Day with High-Level National Seminar on Strategic and Sustainable Growth

A National Seminar titled “Management Accounting: Driving Strategy, Performance and Sustainable Value” was organized by the Institute of Cost Accountants of India (ICMAI) to celebrate International Management Accounting Day in Bengaluru. This event aimed to explore the evolving landscape of Management Accounting in today’s dynamic business environment. Topics to that were covered elaborated through panel discussions of expert professionals from the industries and practitioners. The seminar was divided into three major panel discussions on Services Sector, Manufacture and Management Consulting and Services preview. These discussions brought in several years’ experience of professionals and consultants that they shared to all participants as knowledge resources.

The inauguration was done by President of ICMAI, CMA TCA Srinivasa Prasad, Vice President CMA Neeraj D Joshi, Council Member, Chairman of Management Accounting Committee CMA Suresh R Gunjalli and Chairman of Bengaluru Chapter CMA Raghavendra B K. In this seminar, ICMAI declared and announced the prestigious ‘Management Accounting Award’, that was awarded to ‘Delhi International Airport Authority’ headquarter in New Delhi. The award ceremony initiative was to evaluate entities on its maturity level in adoption of Management Accounting Principles and Practices and honour organizations for their awareness, implementation and resilience to pursue global leadership.

The 1st Panel Discussion was on Services Sector with eminent people like CMA Gopal Ramanan Vice President and JAPAC Controller; CMA K. Narayana Rao, Director Delhi International Airport Limited; moderated by CMA Milind Date, Management Consultant.

The 2nd Panel Discussion was on Manufacturing Sector with eminent people like CMA Anil Jerath, Director (Finance) BEML Limited; CMA Channa Basavaraja Vice President, Strategic Initiative Tech Mahindra, and moderated by CMA N. Raveendranath Kaushik, Management Consultant.

The 3rd Panel Discussion was on Management Consulting and Services with eminent people like CMA (Dr.) Girish Jakhotiya Management Consultant, CMA Asim Kumar Mukhopadhyay CEO NAVTOM Consulting Pvt. Ltd. and moderated by CMA S Dorai Rajan, Total Cost & Lean Management Educator & Coach.

The eminent speakers in the panel discussions elaborated on present issues in various industries and how the Cost & Management Accountants can contribute in the development of various industries improve functions and thereby contribute for overall development of the Economy of the Country.