Dear Professional Colleagues,

It gives me immense pleasure to address you through this communiqué since last one year.

(A) Members related ActivityWIRC of ICAI and ICAI-Ahmedabad Chapter have jointly organized Member's Meet on 24th Jan'2014 to discuss and finalize the action plan regarding the Draft Cost Audit Report Rules 2013 issued by MCA on 21st Nov'2013. CMA Ashish Thatte – Chairman, WIRC, CMA Amit Apte – CCM, ICAI, CMA

Chandra Wadhwa – Past President, ICAI and CMA D.V. Joshi-Past President ICAI expressed their views and feelings. Large numbers of members have attended the program and participated the discussion actively. The program proved the unity among the members.

ICAI Ahmedabad Chapter has also organized a full day program on “Service Tax” on 25th January'2014 at Hotel Lords inn,Ahmedabad. The program was inaugurated by Shri Navneet Goel – Commissioner Central Excise and Customs – (II) Ahmedabad. The eminient speaker CMA V.S. Datey, explained in detail point of taxation rules 2011,place of provision of service rules 2012 and also service tax(Determination of value)rules 2006 during first two technical sessions. The third technical session was taken by CMA S R Bhargave- CCM, ICAI and CMA N K Nimkar, practicing cost accountant from Pune took the last technical session. More than 100 participants from various Industries and practicing members attended the program. All sessions were very interactive. The overwhelming response from various members and also from the industries motivated the organizers to arrange more and more programs for members in industries and also in practice. At this juncture we hope the same cooperation will continue in future

ICAI Ahmedabad Chapter has organized CEP Program on 1st March 2014 on the topic “Techno Economic Viability Study” by CMA Atul Bhatt. Large number of members attended the program.

ICAI Ahmedabad Chapter has organized CEP Program on 15th March 2014 on the topic “Strategic Cost Management”. CMA P D Modh explained the various techniques of cost management to achieve effective cost reduction. Large number of members attended the program.

ICAI Ahmedabad Chapter has organized CEP Program on 26th March 2014 on the topic “Discussion and Presentation on Exposure Draft CAS-22

News Letter January to March - 2014

Continued on Page 15

Page - 1

THE INSTITUTE OF COST ACCOUNTANTS OF INDIATHE INSTITUTE OF COST ACCOUNTANTS OF INDIATHE INSTITUTE OF COST ACCOUNTANTS OF INDIA

AHMEDABAD CHAPTERAHMEDABAD CHAPTERAHMEDABAD CHAPTEREDITORIAL BOARD: CMA Ashish Bhavsar I CMA P.H.Desai I CMA Hetal Shah I CMA Malav Dalwadi

OFFICE BEARERS2013-2014

IDEALS THE INSTITUTE STANDS FOR

To develop the cost and management Accountancy Profession.

To develop the body of members and properly equip them for function.

To ensure sound professional ethics.

To keep abreast of new development.

INSTITUTEHEAD QUARTERS

12, Sudder Street, Kolkata - 700 016.

Regional OfficeWIRC OF ICAI

Rohit Chambers, 4th Floor, Janmabhoomi Marg, Fort, Mumbai-1.

CHAPTER OFFICE

CMA R.B.KothariChairman

CMA V.H.SavaliyaVice Chairman

CMA Ashish BhavsarSecretary

CMA Hetal ShahTreasurer

402/403, Shoppers Plaza Unit - III, 4th Floor, Opp. Municipal Market, C.G. Road, Navrangpura,

Ahmedabad-380 009. Telephone : 079-26403616, 26409561

Email : ahmedabad@icmai.in, admin@ahmedabadicmai.inWebsite : www.icmaiahmedabad.in, www.icmai.in

Timings : 8.00 am to 8.30 pm

“Live as if you were to die tomorrow. Learn as if you were to live forever.”

― Mahatma Gandhi

Chairman’s Communique

Page - 2

Photo Gallery of Members’ Meet on 24-1-2014

CMA R.B. Kothari - Chairman Welcoming Dignitaries & Members

CMA Ashish Thatte - Chairman of WIRCgiving his views

CMA Amit Apte - CCM ICAI giving his views

CMA Chandra Wadhwa - Past Presidentgiving his views

CMA D.V. Joshi - Past Presidentgiving his views

CMA Neeraj Joshi - Vice Chairman WIRCgiving his views

CMA Ashish Bhavsar - Secretary of Ahmedabad Chapterproposing Vote of Thanks

Audience at large during Members’ Meet Programme

Page - 3

Photo Gallery of Service Tax Seminar on 25-1-2014

CMA R.B. Kothari - Chairman Welcoming Dignitaries & Members

Shri Navneet Goel – Commissioner of Central Excise and Customs – Commissionrate (II), Ahmedabad

being felicitated by CMA Ashish Thatte - Chairman of WIRC

Speaker CMA V.S. Datey being felicitated by CMA R. B. Kothari - Chairman

Speech by Shri Navneet Goel – Commissioner of Central Excise and Customs – Commissionrate (II), Ahmedabad

CMA V.S. Datey interacting with the participants CMA S.R. Bhargave - CCM ICAIinteracting with the participants

CMA N.K. Nimkar interacting with the participants

CMA Ashish Bhavsar - Secretary proposing Vote of Thanks

Page - 4

Photo Gallery of ICMAT Training Programme on 23-2-2014

CMA R.B. Kothari - Chairman felicitated by student of Final

CMA Hetal Shah - Treasurer & facultyfelicitated by student of Final

CMA Atul Bhatt interacting with the Members on 1-3-2014

CMA P.D. Modh interacting with the Memberson 15-3-2014

Photo Gallery of CEP Programme

Speech by CMA P.D. Modh - Chairman of Oral Coaching Committe interacting with students on 20-3-2014

CMA R.B. Kothari - Chairman interacting with students on 20-3-2014

Photo Gallery of Interaction with Students at V.M.Patel College of Management, Ganpat University, Kherva

View of Participants Students in Seminar on 20-3-2014

Page - 5

Role or Opportunities for CMAs in Companies Act, 1956/2013 apart from Cost Audit/Cost Compliance Report

CMA Rajendra Patel

We CMAs had studied company Law as a part of our CMA curriculum, and after getting our CMA degree we all are focusing or trying to focus mostly on costing and related work, finance, Accounts, Taxation etc. The object of this article is to make members aware about role of Practicing CMAs in Company Law/ Companies Act, 1956/2013. Where the practicing professional of our sister institutes viz. CS & CA are comfortably taking assignments providing services. As on date 99 Sections of 2013 Act, have been notified and a few circulars have been issued clarifying the applicability of these sections (by the time this article get published complete new Act, 2013 might become fully operational). The Companies Act has not discriminated amongst all the three practicing professionals viz. CS, CA & CMA and all-most all the Forms are required to be digitally certified by either of the Practicing CMA/CS/CA in addition to digitally signing it by Director or CS of the Company. Companies Act has given all-most equal opportunities to PCMAs. Now let’s understand some of the important stages in the company viz -a-viz role of CMAs: A. INCORPORATION OF COMPANY*:

Stages Forms/Purpose

Role of PCMA /Remark

1. Form DIN-1 - DIN (Director Identification No.) required for the person who is becoming director first time.

1. Form DIN-1 is to be digitally certified by PCMA.

2. In the mandatory Affidavit by the applicant as per Annexure - 1 of the DIN Rules, applicant can authorize CMA

2. Form 1A i.e. application for availability of name for incorporation or change of name of Company

Director of the Company can digitally sign this Form

3. Filing of Form 1, Form 18 & Form 32 once name is granted as per the stage no. 2 above

Form 1 could be signed either by Director of the Company or Advocate or CS or CA. However From 18 & 32 could be signed by either of CS, CA, CMA. (It is transpires from this that if CMA wants to engaged himself /herself in Company formation task he shouldnot to depend upon any other professional)

*For the sake of easy understanding incorporation of the Company here discussed is Private Limited Company. Few further steps are required for Incorporation of Limited Company and Company under Part IX i.e. conversion of Partnership Firm into Company.

B. ANNUAL FILING FORMS:

Annual filing forms as name suggests means; once company is registered these forms are required to be filed on an annual basis; even if Company does not carry out any activities. There forms are as under:

Sr. No. Forms/Purpose

Role of PCMA /Remark

1. Form 23AC & Form 23ACA filing of Balance Sheet and Profit & Loss Accounts with the Registrar of Companies

PCMA is authorized to Certify the said forma at par with PCS or PCA without any discrimination.

2. Form 20B Annual Return of the Company PCMA is authorized to Certify the said forma at par with PCS or PCA

without any discrimination

Page - 6

C.

EVENT BASED FORMS

Event based forms means which are required to be filed on the happening of particular (prescribed under the Companies Act) even. Some of the Forms are as under:

Sr. No.

Forms/Purpose/Event

Role of PCMA /Remark

1.

Form 2 Return of allotment of Shares. Required to be filed within 30 days of allotment shares

PCMA is authorized to Certify the

said form at par with PCS or PCA without any discrimination.

2.

Form 32 for appointment, cessation or otherwise Changes in particulars of Managing Director, Director, Company Secretary, Manager etc. Means

appointment. Required to be filed within 30 days from the happening of the respective event

PCMA is authorized to Certify the said form at par with PCS or PCA without any discrimination.

3.

Form 8 used for Particulars for creation or modification of charge (other than

those related to

debentures) including particulars of

modification of charge by asset reconstruction companies in

terms of

Securitization

and Reconstruction of Financial

Assets and Enforcement of Securities Interest Act, 2002 (SARFASI)

PCMA is authorized to Certify the said form at par with PCS or PCA without any discrimination.

Above are some of most frequently happening event based and basic forms in the history of the company.

For some overview and keeping things simple, very basic and minimum companies act area have been discussed for the benefit of the members who are willing the start focusing in Companies Act also.

Apart from the Companies Act, 1956 in the new Act 2013 forms are not yet come up but it may be in the line with the old act. However Rules under Companies act, 2013 Chapter XXVII i.e. National Company Law Tribunal Rules (NCLTR), 2013

allows Practising CMA to appear before NCLT at par with Practising Advocates, CS & CA

before NCLT.

CONCLUSION

As far as Company Law Forms certification is concerned,

PCMAs are considered at par with PCS or PCA without any discrimination under the Companies Act, 1956 and most likely similar position will continue even in the New Act 2013 too.

In line with our (CMA’s) national slogan “Behind every successful business decision there is always a CMA”

CMAs should not stay behind

in

grabbing the

opportunities given by the statues to prove ourselves.

HEARTY CONGRATULATIONS TO SUCCESSFUL STUDENTS DECEMBER-13 EXAM

FINAL COMPLETE PASS

AARTI M JAIN

ABHISHEK GOUTAMCHAND

AKASH ARUN PUJAR

APARNA A BHONDE

ARCHITKUMAR C THAKKAR

CHANDNIBEN T BHAMBHANI

DARSHANKUMAR M PATEL

DEEPAK N LALA

DEVANG A BHALALA

DEVANG K MEHTA

DIPEN R SHAH

DWARKESH R RADADIYA

GANESHKUMAR R PANCHAL

HARSHUL B SONI

HEMA RAVINDRAN

HEMANG J TRIVEDI

FINAL -III PASS

Hearty Congratulations J N Bose Memorial Gold MedalHe is awarded for securing

the highest total marks in GR IV of Final (Syllabus 2008) Examination of December - 2012. Ahmedabad Chapter proud for such Meritorious Student.

Page - 7

Mr. Dhaval G Shah

JIGNASHA K SATHWARA

KANCHAN N BHOJWANI

KAUSTUBH D PATEL

MANOJ R PILLAI

MILAN J ADODARIYA

MITHILESH Y SHUKLA

MUKESH G PRAJAPATI

NIDHI TARUN VYAS

NIKITABEN J KADIYA

NILESH M. PARIKH

NIMESHKUMAR P VYAS

PANKIT T SHAH

PARAG V PATEL

PRAMOD KUMAR SABOT

PRIYANK A PATEL

PURAV D PATEL

RAHIL K SHAH

RAJEEV BIRLA

RAJEEV MUNDRA

RAJU K SHAH

RAVIRAGHAV CHHAWCHHARIA

RIDDHI G SHAH

RITESH KUMAR

SACHINKUMAR M MODH

SAGAR M.KAPADIYA

SATISHKUMAR O JOSHI

TUSHARKUMAR G PRAJAPATI

URMIT K UPADHYAY

YOGITA D AGRAWAL

ZALAK V SHAH

NOMAN SHAIKH

ISHITA G NAGAR

KHUSHBU MEHTA

KIRANKUMAR ARVINDBHAI

KUSHAL A AGRAWAL

NILESH P GIDHWANI

RENUKA M MALAVIYA

RONAK R SHAH

FINAL -IV PASS

DIPENKUMAR D ASHWANI

DIVYESH K JOSHI

HARDIK P LANGALIYA

HITESH M MEPANI

JAIMINI K RAJPUT

KRUNALKUMAR S SHAH

KRUSHIK J THAKKAR

MINTUKUMAR B JHA

NIRAVKUMAR A PATEL

RINKESHKUMAR N TRIVEDI

RUTVIK P SHAH

SANJIVKUMAR R JAIN

SHANAPARVIN A SHAIKH

VIRAL B GANDHI

ACHIEVEMENT

Page - 8

AASHNA NIRAJ SHAH

AAYUSH SANJAY SHAH

ABHA LALSHANKER NAGAR

AJAY PRAVINBHAI PATEL

ALIASAGAR J GARBADAWALA

AMIT K RATHOD

AMITKUMAR M MEHTA

ANJALI D PARMAR

ANJU R CHOUDHARY

ANKITKUMAR S SHAH

ASHISH B YADAV

ASHOK KUMAR

BHARATBHAI R. DARJI

BHAVIN P PATEL

BHUMI N SHAH

CHARVI M PATHAK

CHIRAG V VEKARIYA

CHIRAV S JOSHI

DAHYABHAI K CHAUDHARI

DARSHINI C PATEL

DASHARATH K CHAUDHARI

DHARMESH G PAVASKAR

DHAVAL M PRAJAPATI

DHRUPAL B JOSHI

DIPAKKUMAR M SHAHU

DIPIN V NEDHUTHODY

FALGUNI M SURANI

GAURAV D VAGHELA

GAURAV VINAYAK LAHANE

HARDEEPSINGH S PARMAR

HARSH K GANDHI

HARSH KIRANKUMAR BHATT

HASMUKH R NAKRANI

HEENABEN J SONEJI

HETAL R MEHTA

HIRAL A DAVE

HIREN S KATARMAL

JAINAM M SHAH

JAYDEEPKUMAR K PATEL

JAYESHKUMAR J PATEL

JIGAR M UPADHYAY

JIGAR S MODH

JIGARKUMAR A JANI

JIGNESH K PRAJAPATI

JIGNESH N DHOLARIYA

JIMMY H WADHWA

JITENDRA J VEKARIYA

JITENDRAKUMAR B PARMAR

KARTIK R AJMERA

KAUSHIK P GAJERA

KEYUR K PANDYA

MAITREE M SHAH

MALAY B MEHTA

MANISH B RAMNANI

MANISH P PRAJAPATI

MAYUR A PADMANI

MEHULBHAI N RASADIYA

MOHAMMEDAAMIR A QURESHI

NAKUL G SHAH

NARESH R PRAJAPATI

NEELAM C JAIN

NEHA J GOSAI

NIDHI D BRAHMBHATT

NIDHI G THORIA

NIDHI S KOTAK

NIKETA ADITYA SINGH

NIKHILKUMAR N SINGH

NILAM GOVINDBHAI INANI

NIRAJKUMAR P PATEL

NIREN K SHAH

NISHANT SHARMA

NISHITKUMAR P KHAKHKHAR

NITIN S MAURYA

PALAK K SATVARA

PARTHIV H SHAH

PINALI V SONI

PIYUSH D PRAJAPATI

PIYUSH KUMAR DUGAR

PIYUSHKUMAR T SHARMA

POONAM M MANGLANI

PRAHARSH D SHAH

PRASHANTBHAI U SHUKLA

INTER COMPLETE PASS (2008)

HEARTY CONGRATULATIONS TO SUCCESSFUL STUDENTS DECEMBER-13 EXAM

PRATIK D PATEL

PRATIK V PRAJAPATI

PRERAK A PARIKH

PRIYA R PARSANA

PUNEET S SHARMA

RAHULKUMAR J VALANI

RAHULKUMAR R PATEL

RAJAT R BOTHRA

RAMESH RAI

RASHMI N PATIL

RAVINDRA J JAIN

RAVINDRA M SOLANKI

RAZAAHMED M BERA

RIDDHI K DAVE

ROHIT KAUSHIK

ROHIT T RAIYANI

RONAK KAMALKISHOR MALANI

RUGVEDKUMAR Y PANCHOLI

SAMPADA B RATHOD

SANDIPKUMAR J KOLADIYA

SANDIPKUMAR R PATEL

SANJEEV KUMAR GUPTA

SANSKRITI R JAIN

SAUMIL S PARIKH

SEJAL D SHAH

SHAILESH D NAGAR

SHAILESHKUMAR B PRAJAPATI

SUMEET VISHNU PARYANI

SURESH K KAILA

TAPAS A PATEL

TRUSHABEN N MANIYAR

UTSAV P PATEL

VIJAY V BHATT

VIKAS M PARIKH

VIMAL G NAGAR

VISHAL B VAGHELA

VISHALKUMAR I PADHYA

VIVEK KUMAR T PADH

ZEAL KIRIT PATEL

Page - 9

For Membership of Institute :

Every member of the Institute required to pay his/her Associate / Fellow membership fees for the year 2014-15 and

other dues on or before 31st March, 2014.

For any query in this regard, email may be sent to membership.rb@icmai.in

For Membership of Ahmedabad Chapter :

As per the new chapter by-laws of the ICAI, every members of the chapter required to pay Annual Membership Fees

of Rs.300/- for every year from 1st April. So you are requested to make payment of Annual Membership Fees of

Rs.300/- for the year 2014-15.

INTER-STAGE -I (2008)

INTER -STAGE -II (2012)

HEARTY CONGRATULATIONS TO SUCCESSFUL STUDENTS DECEMBER-13 EXAM

ALISHA BOHRA

AMITKUMAR CHANDUBHAI SAVALIYA

ANKIT BHARATKUMAR TAPIAWALA

ANKIT HANSRAJBHAI KYADA

DEEPAK MANNARAM PARIHAR

GAURAVKUMAR RASIKLAL MODI

KARAN NALINBHAI BAROT

KEVAL RAJNIKANTBHAI SHAH

KIRIT GHANSHYAMBHAI LAHERI

MANSI BIPINCHANDRA SHAH

MEHUL BALRAM NARNAWARE

MRUGESH V SHAH

NAMRATA PRATAP KHATWANI

NAYSHAR DHARMENDRABHAI SHAH

NIKITA JAYKANTBHAI SOMPURA

NIRAV MILANBHAI MEHTA

PARTH RAKESHKUMAR THAKKAR

PAWANKUMAR SANTRAJ PRAJAPATI

PRAKASH MEKBAHADUR RANA

PRAKASH RAJNIKANT JOSHI

PRAVIN DALPATBHAI SEN

PREKSHA ASHOKBHAI PAREKH

RAJAT DEEPAKBHAI SHAH

RAJVI BHADRESHKUMAR MODI

RAKSHITA M PATEL

REENA NARSHIBHAI SONANI

SANDIPKUMAR RAMESHBHAI PATEL

SWETA ANANTKUMAR SUCHDEV

SHYAMAL GAUTAMBHAI VYAS

SUNILKUMAR RAMANBHAI PATEL

TRUSHANK BHARATBHAI BHUPTANI

VINODBHAI NARANAJI BHADATHIYA

VIRAJ VIJAYBHAI SONI

VISHAL JAYENDRAKUMAR SHAH

VISHNUKUMAR TRIBHOVANBHAI PATEL

VIVEK DILIPKUMAR RAO

ANITA RANCHHODBHAI GAJERA

BHOOMI NATVARBHAI PATEL

CHETAN AMBALAL PATEL

CHETANKUMAR MADHUSUDAN CHAUHAN

CHHAYA TARACHANDBHAI THAKKAR

CHIRAG ASHOKBHAI PANCHAL

CHIRAG KUMAR BHAGVANBHAI BHINGADIA

CHIRAGBHAI DHIRUBHAI LAKHANI

DARSHANKUMAR BALUBHAI PATEL

DHAVAL ATULBHAI MISTRY

HARSHADKUMAR ASHOKBHAI CHAUDHARI

HITESH KUMAR KHODIDAS PATEL

JANAKKUMAR BACHUBHAI DARJI

JAYKUMAR BHARATBHAI PATEL

JAYMIN BHARATKUMAR BHATT

KAJALBEN VIKRAMBHAI PATEL

KAMLESHKUMAR BABULAL SUTHAR

KOMAL BAHEN BAVCHANDBHAI PATEL

KRUNAL VINODKUMAR KANJOIYA

MANISH MANSHUKHBHAI DOBARIYA

NIDHI JITENDRABHAI SUREJA

NITI MANOJKUMAR SHAH

PANKAJ TULSHIBHAI LIMBASIYA

PRADEEP LAXMAN PATIL

PRAKASH PURUSOTHAMAN VANNIAR

PRIYANKA RAJENDRAKUMAR PATEL

RESHMABEN GOVINDBHAI PATEL

RICHA SUNILKUMAR SHAH

SANDIPKUMARRAMABHAI CHAUDHARI

SHASHIKANT BABUBHAI PARMAR

SHIVKUMAR RAJBAHDUR RAI

SWETA ARJUN PANDIT

VISHAL GOPALBHAI PRAJAPATI

YOGENDRA RAJESHSINGH CHAUHAN

For Attention of Members

Page - 10

HEARTY CONGRATULATIONS TO SUCCESSFUL STUDENTS DECEMBER-13 EXAM

FOUNDATION PASS STUDENTS

AAKASH V. SOLANKI

AMIBEN ALPESHKUMAR PATEL

ANUJ SUNIL JAIN

ASHWINI ATUL JOSHI

BALAJI SELVAM PILLAI

RAMSANGBHAI TAPUBHAI BAVALIYA

SHREYA PRAFUL BHADRA

BHAVESH GANGARAM RAMCHANDANI

BHUMIKA DEVENDRAKUMAR AGRAWAL

DHAVAL A. PRAJAPATI

DHAVAL LAVAJI BHAI DOBARIYA

DHAVALKUMAR DINESHBHAI KHANT

DIVYESH HIRANAND AHUJA

MEHUL PARSOTTAMBHAI GAJIPARA

NILESH HANSRAJBHAI GOLANI

MAYUR RAVINDRA GUPTA

GURPREETSINGH JAGTARSINGH SAINI

HARISH DANGI

HIMANSHU JITENDRABHAI BOGHARA

HINAL SHAILESHKUMAR KHALAS

ISHWAR UMMEDRAJ BOHRA

BIPIN DASHARATHBHAI JADAV

MANISH ARJANBHAI JADAV

HARSHKUMAR DILIPBHAI JAYSWAL

JINEN RASIKBHAI MORBIA

JAYKUMAR CHANDRAKANTBHAI JOSHEE

KAVISH ASHOK RANGRAS

MALAV NAYANBHAI DHOLAKIYA

MANISH MAHENDRA SHUKLA

MIHIR SOMCHANDBHAI MAISHERI

MANALI CHATURBHAI MISTRY

RAVI GYANCHAND NARA

NISHA KAPILBHAI PATEL

NISHA NARESH DIVAKAR

DHRUMIL MAHESHBHAI OZA

PALAK SURESHKUMAR AGRAWAL

VISHAL DINESHBHAI PANDYA

HETALBEN SHARADKUMAR PATEL

SIDDHI SAMIRBHAI PATEL

BHARATKUMAR BHABUTARAM PRAJAPATI

PRIYANKA MUKESHBHAI HARWANI

PRIYANKA RAJENDRAKUMAR SIDDHPURA

PRIYANSHI JIGESHBHAI SHAH

KARAN MAHESHBHAI RAJAWANI

RENU BHARATBHAI RAMNANI

RAVEENA CHETANDAS MEGHRAJANI

RIYA NILESHBHAI PATEL

RUSHI TUSHAR SHAH

RUTUL ASHISH SHAH

DHARMIL KETANKUMAR SHAH

HARSHIT SHAILESH KUMAR SHAH

MITI AMITBHAI SHAH

NISHA VINAYBHAI SHAH

NISHIT JITENDRA SHAH

ZARAL RAJENDRA SHAH

SAGAR RAVI SHARMA

SHASHANK AKHILKUMAR SHARMA

MANALI SHRIKANT SHIRKE

SHIVANI AGARWAL

VATSAL KAMLESHKUMAR SHAH

VIJAY DHIRUBHAI KORAT

VIRAJ SANJAYKUMAR PATEL

ZEEL DEEPAK SHAH

Feedback

Chapter welcomes member's article for news

bulletin. If any member has an article suitable

for News Bulletin, we request to submit the

same to be published in the next bulletin.

Suggestions from members for improvement of

newsletter & chapter's activities are always

welcomed.

CMA Neeraj JangidAccounts Officer, UGVCL, Mehsana

Transfer Pricing

Page - 11

Page - 12

Page - 13

Page - 14

Audit Process

Page - 15

(Manufacturing Cost)”. CMA Malay V Vakil has explained the CAS-22 in detailed. Large number of members attended the program.

(B) Student Related ActivityThe result of ICAI Dec-2013 examination declared on 21st Feb'2014. The result of Ahmedabad Chapter has shown the dedication of Managing Committee's efforts for Oral Coaching Activities. The details are as under.Foundation : 63 StudentsIntermediate : 121 StudentsFinal : 46 Students

I take this opportunity to congratulate all the members of our young brigade who are successful in the Foundation, Intermediate and Final examinations for December 2013 term and wish them a bright career. It is the beginning of a new journey and not the destination as a lot of opportunities and challenges are ahead in this era of competition. I also wish all the best to those students who due to some reason or the other could not make it possible to have their name in the list of successful students and sincerely hope that they will work harder and come out with flying colors next time. I request all the final pass students to be the member of the chapter and also of institute and also for active participation in various professional activities.

ICAI Ahmedabad Chapter has organized Student's felicitation program on 12th March 2014 to felicitate Dec-2013 Exam pass students at Haribhai hall, C.G Road, Ahmedabad. The concept behind such program was to motivate the students and appreciation by chapter. Many students of Foundation, Inter and Final attended the program with their parents

ICAI Ahmedabad Chapter has successfully completed ICMAT training program for final students appearing in June 2014 exam. More than 22 students appeared for training program at chapter office

On 20th march I along with CMA P D Modh, Chairman-Oral Coaching Committee visited Ganpat University – Kherva, Mehsana to address more than 100 students of B.B.A and M.B.A. We were invited by the management of the college to explain about the institute's activities, course contain and future of CMA's.ICAI Ahmedabad chapter has decided to open Regional oral Coaching center from July 2014. I am very much thankful for the cooperation extended by K M Chudasama Principal, V.M. Patel College of Management Studies.

I am happy to announce that Ahmedabad Chapter is organizing practical Training on Advanced Excel for the Final completed as well as students who are appearing in June 2014 final examination. About 50 participants will take benefit of this program.

Continued from page - 1

It is a matter of proud for ICAI Ahmedabad Chapter that Mr. Dhaval G Shah, Student of Ahmedabad Chapter secured the highest marks in Group IV among the students appears in Exam at all India Level. He is awarded J N Bose memorial Gold Medal by ICAI, Kolkata for securing highest marks in Group IV of Final (Syllabus 2008) examination of Dec-2013.Congratulations from ICAI Ahmedabad Chapter.

Campus placement program for the December 2013 qualified CMA's is scheduled on 9th & 10th May 2014 at Ahmedabad. I hope that more and more companies will participate and students will take the maximum benefit from the campus placement program.

ICAI Ahmedabad Chapter has organized “Investors Awareness Program” on 10th March 2014 at Chapter office and large number of participants from various fields attended the program. All members and students are requested to visit the website for latest updates.

The Financial year is marching towards the end. During last few days the Senex and Nifty have reached at all time top. The rupee is also strengthen against the dollar and traded below 60. We wish that new financial year will bring new hope and happiness in the life of all the members and students of our profession.

Summer days have already started. All members must be busy in the exam of their children. I wish all the best to all the students. I also wish all the members and their family members very happy and joyful festivals like Chetichand, Ram Navmi and Good Friday.

With Warm RegardsCMA R.B Kothari1st April, 2014

WELCOME NEW MEMBERS OF AHMEDABAD CHAPTER

JAY M MODH

SONALI I SHAH

SHAHNAVAZ M MODASIYA

TEHSINKHAN Y PATHAN

RAJKUMAR R SHARMA

NEETU AGRAWAL

KETAN B. METHANIYA

Page - 16

Photo Gallery of Students Felicitation Programme on 12-3-2014

CMA R.B. Kothari - Chairman interacting with the Members, Students & their parents

CMA P. D. Modh - Chairman Oral Coaching Committeeinteracting with the Members, Students & their parents

CMA S. S. Shah - RCM WIRCinteracting with the Members, Students & their parents

CMA R.B. Kothari - Chairman giving away prizes to Meritorious Students

CMA V. H. Savaliya - Vice Chairmangiving away prizes to Meritorious Students

CMA P. D. Modh - Chairman Oral Coaching Committeegiving away prizes to Meritorious Students

CMA S. S. Shah - RCM WIRCgiving away prizes to Meritorious Students

CMA Ashish Bhavsar - Secretary giving away prizes to Meritorious Students

Page - 17

Photo Gallery of Students Felicitation Programme on 12-3-2014

CMA Malhar A. Dalwadi - Managing Committee Membergiving away prizes to Meritorious Students

CMA Mitesh Prajapati - Managing Committee Membergiving away prizes to Meritorious Students

Shri A. J. Thakar - Facultygiving away prizes to Meritorious Students

Shri Tejpal Sheth - Facultygiving away prizes to Meritorious Students

Shri P. P. Dave - Executive Officergiving away prizes to Meritorious Students

CMA Ashish Bhavsar proposing vote of thanks

Audience View CMA Ashish Bhavsar - Faculty interacting with the participantsat Investor Awareness Programme on 10-3-2014

Page - 18

Photo Gallery of Mock Session For Final Students on 23-3-2014

CMA R.B. Kothari - Chairman interacting with the students

CMA Hetal Shah - Treasurerinteracting with the students

CMA K. D. Shah - Managing Committee Memberinteracting with the students

CMA Jignesh Desai - Managing Committee Memberinteracting with the students

CMA R.B. Kothari & CMA Jignesh Desai taking interview of student

CMA Hetal Shah & CMA K.D. Shah taking interview of student

View of Participants Final Students

CMA H. C. Shah & CMA V. H. Savaliyataking interview of students

Page - 19

Those who are in job for full time or part time Those who are studying in course. Those who are merely students. Having any degree of B.com, M.com, BBA, BCA, B.Sc, BE, MBA, MCA, CA, CS, CFA or any discipline. No entrance exam. No minimum % required for admission in XII or any graduate exam.

t Acs co oC u f no t ae nt tu sti ot fs n II n de ih aT

t Acs co oC u f no t ae nt tu sti ot fs n II n de ih aT

t Acs co oC u f no t ae nt tu sti ot fs n II n de ih aT

Ahmedabad ChapterAhmedabad ChapterAhmedabad Chapter

Join CMA course to push your Career and GrowthSKYWARD

Leading ICAI Chapter in Gujarat to conduct Oral Coaching activities with Lowest Fees, Best Faculties and Best Infrastructure.

CMA RouteCMA RouteCMA Route Foundation (After 12th)

Intermediate Final

ORORORIntermediate

(After Graduation)Final

Excellent opportunities in job and practice. CMA can join in Private and public sector in any department like Costing, MIS, Finance, Accounts, ERP, Budgeting, Bank finance, Audit etc.

Many CMA are at senior position with lucrative remuneration. Take admission in Foundation and make your career during the study in college and Intermediate during your job.

FREEDOM to PURSUE FEES STRUCTURE

F oundation I ntermediate F inal (Fees include study modules, Computer Classes, GDBS – Soft Skills, Industry Oriented Training etc.)

Rs.4000/-Rs.20000/- (For Both Groups)Rs.17000/- (For Both Groups)

:::

RESULT of chapter is BEST. Many rank and merit holder students from Chapter in every exam.

The only authorized center to conduct

C omputer Classes GDBS Soft Skills Industry oriented Training ICMAT Training

FACILTIES PROVIDED

E xcellent library – more than 4000 reference books. Computer laboratory A/c class rooms Professional & Academic faculties

Timings

Oral Coaching Timings Office Timings

8.00am to 10.00am, 4.30pm to 6.30pm, 6.30pm to 8.30pm (Monday to Saturday) (On Sunday Extra Coaching is provided)

8.00am to 8.30pm (Monday to Saturday)

Various Coaching Centers

A hmedabad - C G Road, Ashram Road, Maninagar M ehsana - V R Patel College of Commerce S iddhpur - Maktaba Jafariya Edu. & Research Center P atan - BBA College, HNG University P alanpur - BBA College, G B Modi Vidhya Sankul G anpat Vidhyanagar (Kherva) - BBA College

ADMISSION IS OPEN FOR DECEMBER 2014 EXAMSPlease contact Chapter office for Admission & Further information

ICAI, Ahmedabad Chapter Tel.: 079-26403616, 079-26409561 E-mail : ahmedabad@icmai.in

CAMPUS INTERVIEWFresh CMAs

The Institute of Cost Accountants of India has scheduled a Campus Interview for the students who passed their Final Examination in December, 2013.

DATE : 9th May, 2014 : Date of Written Test / PPT by Companies (If Any)DATE : 10th May, 2014 : Date for Interview / Process of Selection

Venue : ICAI - Ahmedabad Chapter402-403, Shopper’s Plaza III, 4th Floor, Opp. Municipal Market,

C.G. Road, Navrangpura, Ahmedabad-380009.

CMA P.H. Desai (Chairman Training & Placement Committee) - Mob.: 9825615468 Shri P. P. Dave (Executive Officer) Mob. : 9426391914

All Corporates, Financial Institutions, Management Consultants, Cost Accountants are invited for participation in the Campus Interview to select talents from our Institute.

Registration fee for Campus Placement Programme(Common for all locations)

Rs. 15,000/-+ Service Tax

Participation Fees Rs. 10,000/- Per Location+ Service Tax

PARTICIPATION FEE STRUCTURE FOR CORPORATES

The payment of the Participation fee is to be made through ECS mode or by Demand Draftdrawn in favour of “The Institute of Cost Accountants of India” payable at New Delhi.

Details for ECS Payement :State Bank of India, Lodhi Road, New Delhi - 110003.Current A/C No. : 30678404793 MICR Code : 110002493 IFSC Code : SBIN0060321The PAN No of Institute is AAATT9744L & Service Tax Registration Number is AAATT9744LSD005.

FOR DETAILS & REGISTRATION CONTACT

Participation Fees for Practicing Cost Accountants Firm Rs. 5,000/- Per Location+ Service Tax

If undelivered, Please Return to :The Secretary,

Page - 20

For Private Circulation Only

To,

Book Post

402/403, Shoppers Plaza Unit - III, 4th Floor, Opp. Municipal Market, C.G. Road, Navrangpura, Ahmedabad-380 009. Telephone : 079-26403616, 26409561Email : ahmedabad@icmai.in, admin@ahmedabadicmai.inWebsite : www.icmaiahmedabad.in, www.icmai.in

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA

AHMEDABAD CHAPTER