CULTURE BRANDS UNIVERSITIES UNITED NATIONS
HOME SUBSCRIBE ABOUT US CONTACT US


Global Goals

UNESCO CREATIVE CITIES NETWORK




« United Nations finalizes first ever Global Compact for Migration | Main | UNESCO Creative Cities Network (UCCN) Annual Meeting 2018 Pictures »

July 14, 2018

President of India inaugurates Platinum Jubilee Celebrations of the Institute of Cost Accountants of India

India, Cost Accountants

Photo: The President of India, Ram Nath Kovind, lighting the lamp at the Platinum Jubilee Celebrations of the Institute of the Cost Accountants of India (ICMAI), in New Delhi on July 14, 2018.

India, Cost Accountants

Photo: The President of India, Ram Nath Kovind, at the Platinum Jubilee Celebrations of the Institute of the Cost Accountants of India (ICMAI), in New Delhi on July 14, 2018.

New Delhi, July 14, 2018 — The President of India, Ram Nath Kovind, today inaugurated the platinum jubilee celebrations of the Institute of Cost Accountants of India.

The President said that cost accountants play a substantial part in enhancing the efficiency of processes. Cost accountants are the best managers of the three Ms in a business organization. These are - men and women who work there; the materials used as inputs; and the machines deployed for processing, fabrication, and creation.

As global manufacturing evolves and as manufacturing gets a boost over the coming decade, cost accountants will have a bigger and more prominent role. It will be Cost accountants’ mandate to ensure that products and services are delivered at a competitive price but without compromising on quality.

The President said that it is for cost accountants to ensure that the administrations remove wasteful activities and costs in production. It is for cost accountants to help in innovation and improvement of processes and systems to reduce avoidable costs and make each invested rupee go that much further. It is for cost accountants to help fight the aberrations of gold plating that may sometimes appear on our business landscape. All this will strengthen the national effort in establishing India as a low-cost and competitive manufacturing hub for world-class products.

“I would encourage you to help promote financial literacy among women, particularly young women. I have mentioned this on previous occasions as well and believe this can go very far in changing attitudes and empowering women in our society. As financial and business professionals, you should and must be part of this social change,” the President told the Cost Accountants.

|GlobalGiants.Com|


del.icio.us StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by Editor | 6:09 AM | Link to this Post


Follow GlobalGiants.Com on Twitter

Start from HOME Go to Top


TRANS WORLD EXPORTS


  DMCA.com Protection Status