How to become Cost Accountants | Application and course details of ICWAI

June 20th, 2010| Uncategorized.

How to become Cost Accountants | Application and course details of ICWAI

Course: ICWAI

Eligibility: 10+2

Exam: every year exam will be conducted in June or December.

Website: www.

To see the profits and loss in the company, accountants are required. Institute of cost and works accountants of India are providing this course in three phases. The three phases are foundation, intermediate and final courses.


We can apply for the course through out the year and the exam is conducted in September or June. The duration of training is 6 months. They should take coaching from April to October to write the exam in December and they should take training from October to march to write exam in June.

Foundation course:

Those who completed 10+2 are eligible and they should be 17 years of age. There are four papers and they are organization and management fundamentals, accounting, economics and business fundamentals and business mathematics and statistics.

Intermediate course:

Those who completed the foundation course and 10+2 candidates are eligible for this course. Those who completed degree and are of 18 years can apply for this course. There are two groups and 3 papers in each course.

Group 1:

There are subjects like financial accounting, commercial and industrial loss and auditing, applied direct taxes.

Group 2:

There are cost and management accounts, operation management and information systems, applied indirect taxes subjects.

Final course:

Those who passed intermediate ICWAI course are eligible for this course. There are 4 papers in two groups.

Group 3:

There are subjects like market analysis and corporate loss, financial management and international finance, management accounting, strategic management and indirect and direct tax management.

Group 4:

There are accounting- enterprise performance, advanced financial accounting and reporting, cost audit and operational audit and ethics and business evaluation management.

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