VISAKHAPATNAM : Post bifurcation, there is a huge demand for Cost and Management Accountants (CMAs) as more companies are expected to invest in both the states and the governments are also looking towards CMAs for increasing the efficiency and transparency, said Krishna Kumar, director (finance) of the Rashtriya Ispat Nigam Limited (RINL).
He wanted the CMAs to make the best use of the opportunities and contribute to the growth of the state by playing a key role in the development of various companies.
Krishna Kumar delivered the keynote address at the Telugu Nadu CMA Convention organised by Southern India Regional Council (SIRC) of the Institute of Cost Accountants of India (ICAI) in the city Friday. He shared his experience on bench-marking of costs and appreciated the role of CMA professionals in the areas of cost control and cost reduction.
SIRC of ICAI chairman H Padmanabhan and convention committee chairman K Sanyasi Rao, along with the Central Council members, ICAI members and corporate delegates from various industries participated in the inaugural function.