All members of Central Council ,RCM,Chapter of ICMAI must resign enmass,lock the institute and handover the resignation letter and key of institute to MCA as protest to Cost Audit Report Rules.
All members of Central Council ,RCM,Chapter of ICMAI must resign enmass,lock the institute and handover the resignation letter and key of institute to MCA as protest to Cost Audit Report Rules.
The Issue
<!--[if !supportLists]-->1. <!--[endif]-->As elected members you failed to protect the interest of members . Based on the notification in 2011 , several members left their lucrative job and joined for practicing. But you failed to protect their interest .what will be the future of these members?
<!--[if !supportLists]-->2. <!--[endif]-->Because of your non-performance , 50000 and 500000 students lose direction and they are in a helpless situation.Based on your large advertisement and show off recent years more students joined the course by leaving other courses in the hope that they will get better employment , better remuneration while giving service to the nation.but you put them in trouble . As a parent i feel great pain on this .
<!--[if !supportLists]-->3. <!--[endif]-->As a responsible members and cititzens of this country , you failed to perform the duty of protecting the interest of the nation by allowing greedy businessman to change the progressive cost audit rules notified in 2011.
4. Cost audit of Defence related industry may become a security threat as details of manufacturing expenses may be leaked through MCA to our enemy countries , as there is no adequate data security in MCA . Here you have not sensitised the MCA regarding the security aspect properly .
5. Even after 7 mopnths passed after publishing draft rules, you as elcted representatives of the institute failed to discuss with MCA the above mentioned aspect and cheated the mebers , students and general public.
By succumbing to the pressures of industry lobby , you jeopardised the interst of the nation. As china is becoming more costly with not much improvement in quality , india has a chance to become the manufacturing hub of the world. but that is possible with proper cost controlls.Cost accountants are specialised in this area . By sidelining this profession , you jeopardised the opportunity of the nation to become world super power. Thus you worked against the interest of the nation and cannot be pardanable.

The Issue
<!--[if !supportLists]-->1. <!--[endif]-->As elected members you failed to protect the interest of members . Based on the notification in 2011 , several members left their lucrative job and joined for practicing. But you failed to protect their interest .what will be the future of these members?
<!--[if !supportLists]-->2. <!--[endif]-->Because of your non-performance , 50000 and 500000 students lose direction and they are in a helpless situation.Based on your large advertisement and show off recent years more students joined the course by leaving other courses in the hope that they will get better employment , better remuneration while giving service to the nation.but you put them in trouble . As a parent i feel great pain on this .
<!--[if !supportLists]-->3. <!--[endif]-->As a responsible members and cititzens of this country , you failed to perform the duty of protecting the interest of the nation by allowing greedy businessman to change the progressive cost audit rules notified in 2011.
4. Cost audit of Defence related industry may become a security threat as details of manufacturing expenses may be leaked through MCA to our enemy countries , as there is no adequate data security in MCA . Here you have not sensitised the MCA regarding the security aspect properly .
5. Even after 7 mopnths passed after publishing draft rules, you as elcted representatives of the institute failed to discuss with MCA the above mentioned aspect and cheated the mebers , students and general public.
By succumbing to the pressures of industry lobby , you jeopardised the interst of the nation. As china is becoming more costly with not much improvement in quality , india has a chance to become the manufacturing hub of the world. but that is possible with proper cost controlls.Cost accountants are specialised in this area . By sidelining this profession , you jeopardised the opportunity of the nation to become world super power. Thus you worked against the interest of the nation and cannot be pardanable.

Petition Closed
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The Decision Makers
Petition created on 2 July 2014