ICMAI Management Accounting Research Foundation


      Promoted by

icai logo The Institute of Cost Accountants of India

Ongoing Projects
  • Dedicated Freight Corridor Corporation of India Ltd (DFCCIL)- Study of existing Costing System, Designing and Implementation of Activity Based Costing System in DFCCIL.
  • Ministry of Skill Development & Entrepreneur (MSDE): Study of costing norms for various Skill Development Schemes: short duration training programs, including Recognition of Prior Learning (RPL), devising new costing norms to cover different geographical locations, job roles, digital/blended learning etc.
  • India Optel Limited (IOL)- A defence PSU, Ministry of Defence: Design, and preparation of 11 Manuals on various topics including Cost Management Manual.
  • North-Eastern Electric Power Corporation Limited (NEEPCO)- Preparation of Finance & Accounts Manual for NEEPCO including Cost Accounting Manual.
  • Detailed Study of Cost of Healthcare Services in India for Medical and Surgical Operations/ Procedures, Lab Tests etc. and recommendation of uniform rates for all medical procedures/Lab tests, irrespective of the source of funding. Study Group comprises of domain experts, government & regulators' nominees, and Trade Associations: CII, FICCI and ASSOCHAM. Study is based on various hospitals all over India and will benefit the government, regulators, service providers and the nation.
  • Preparation of Finance & Accounts Manual for North Eastern Electric Power Corporation Limited (NEEPCO).