How to join Indian Cost Accounts Service?

How to join Indian Cost Accounts Service?

A qualification recognised for enrolment in the Register of Members of the Institute of Chartered Accountants of India or of the Institute of Cost Accountants of India. (B) Desirable: (i) Degree from a recognised University; (ii) three years’ experience in Cost Accounting Work.

What is ICoAS?

Indian Cost Accounts Service. In 1978, Indian Cost Account Service (ICoAS) was constituted and recruitment rules were notified in 1982. Only Accounting Service having professional Cost/Chartered Accountants.

How can I become an ICAS officer?

ICAS officers undergo initial training at the National Institute of Financial Management (NIFM), Faridabad for a total duration of 6 months. This also includes a foreign country exposure tour. The third stage of training is On the Job Training (OJT) in one of the 87 Pay & Accounts offices spread throughout the country.

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How do I become an ICAS officer?

Where are ICAS officers posted?

After NIFM training, the ICAS officers are attached to the Institute of Government Accounts and Finance [INGAF]. In their third stage of training, ICAS officers are sent for On-The-Job-Training (OJT) from INGAF.

What is the salary of ICAS?

Indian Civil Accounts Service (ICAS) – Grades, Pay Scales

Grade Basic Pay Level
Assistant Controller of Accounts Rs.56100
Assistant Controller General of Accounts/Deputy Controller of Accounts Rs.67700 – Rs.78800
Deputy Controller General of Accounts/ Controller of Accounts Rs.118500- Rs.144200

What is the salary of IAAS?

Indian Audit and Accounts Service (IAAS) – Grade and Salary

Designation Pay Scale (Rs.) Grade
Assistant Director 8000-275-13500 Junior Time Scale
Deputy Director 10000-325-15200 Senior Time Scale
Director 12300-375-16500 Junior Administrative Grade
Director 14300-400-18300 NFSG of Junior Administrative Grade

What is the salary of IDAS officer?

Post the training, aspirants are recruited to the various posts available in the accounts department of Indian Defence Services. The aspirants can also serve in other areas of accounts services post the examination. The salary of an IDAS officer is around Rs. 80,000 and can rise with the experience in the field.

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How do I become an IA&AS?

Recruitment to the IA&AS is through the joint competitive examinations the Union Public Service Commission and through promotion from the subordinate cadre. The directly recruited officers are trained mainly at the National Academy of Audit and Accounts, Shimla, Himachal Pradesh, India.

Do IAAS officers get posted abroad?

IA&AS officers even get overseas postings in the IA&AS. All postings would be in metro cities or state capitals.

How do I join IDAS?

UPSC IDAS 2021: Candidates can apply through online mode only via the official website of UPSC. The mode of payment is also online. Candidates willing to pay online must pay through net banking of SBI branches throughout the country, or by visa card/ credit card or debit card.

Where IDAS officers are posted?

Soon after induction of IDAS cadre officers, they will be posted as Assistant Controlling Officer of Defence Accounts. The postings are usually at municipal towns having cantonments. Going further, the IDAS cadre officers will be promoted as Deputy Controlling Officer of Defence Accounts.

What is the Indian Cost Accounts Service?

Hi, The Central Government has created an all-India cadre known as Indian cost Accounts Service, at par with class I services of the central government to advise the government on various fiscal matters.

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What does icoas stand for?

In 1978, Indian Cost Account Service (ICoAS) was constituted and recruitment rules were notified in 1982. Only Accounting Service having professional Cost/Chartered Accountants.

How to become a cost accountant in India?

The Institute of Cost Accountants of India is a Statutory Body under an Act of Parliament which has CMA (ICWA) professional course in 3 stages (Foundation, Intermediate, and Final). After completing Final examination candidate can opt for a job in a company or start practicing as a Cost Accountant (after completion of relevant 3 year training).

What is the role of chief adviser cost in cost account service?

Chief Adviser (Cost) is the Cadre Controller and Head of the Indian Cost Accounts Service. Office of Chief Adviser Cost is the Headquarter of the Indian Cost Accounts Service and deals with matters relating to the cadre administration, including training requirements of the officers for continuous upgradation of their knowledge and skills.

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