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The Chartered Institute of Public Finance and Accountancy (CIPFA) (www.cipfa.org) and the Institute of Cost Accountants of India (www.icmai.in) have signed a Memorandum of Understanding (MoU) to help strengthen public financial management in India.
The MoU creates a formal basis for collaboration and cooperation between CIPFA and the Institute of Cost Accountants of India who both recognize the importance of responsible public sector accounting and financial management. The MoU will also explore membership routes for Institute of Cost Accountants of India members to be recognised as CIPFA members.
In addition, CIPFA and the Institute...