National Seminar by ICMAI to Highlight Cost Audit’s Role in Viksit Bharat

National Seminar by ICMAI to Highlight Cost Audit’s Role in Viksit Bharat

Theme “Value, Vishwas and Vision” to Drive Dialogue on Transparency, Growth and Governance

The Institute of Cost Accountants of India (ICMAI) is set to host a National Seminar on Cost Audit on Friday, April 10, 2026, at the Yashwantrao Chavan Centre, Nariman Point, Mumbai. Centered around the theme “Cost Audit for Viksit Bharat: Value, Vishwas and Vision,” the seminar aims to bring together eminent policymakers, industry leaders, and professionals to deliberate on the evolving significance of cost audit in strengthening India’s economic framework and advancing its aspiration of becoming a developed nation.

Chief Guest and Guests of Honour

The seminar will be graced by Shri Jishnu Dev Varma, Hon’ble Governor of Maharashtra, as the Chief Guest. The event will also witness the presence of distinguished Guests of Honour, including Dr. Ramakanta Panda, Managing Director of Asian Heart Institute & Research Centre; Dr. Rahul Mirchandani, Chairman & Managing Director of Aries Agro Limited; and Dr. Vijay Satbir Singh, IAS (Retd.), Former Chief Secretary, Government of Maharashtra.

Importance of Cost Audit

Their participation highlights the growing importance of cost audit as a critical pillar of governance, financial prudence, and national development.

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An impressive lineup of thought leaders and domain experts will enrich the seminar through insightful deliberations. The speakers include CMA Praveen Nigam, Executive Director (F&A) at SAIL – Bhilai Steel Plant. Moreover, CMA Ashu Mathur, Former Chief Advisor (Cost), Ministry of Finance, Government of India, will speak. Furthermore, Dr. Nitin Kareer, IAS (Retd.), Former Chief Secretary, Government of Maharashtra, will share insights. In addition, Shri Dinesh Kumar Khara, Former Chairman of State Bank of India, will also participate. Moreover, CMA Asim Kumar Mukhopadhyay, Managing Director & Founder of NAVTOM Consulting Pvt. Ltd., will address. Finally, CMA Parvathy Venkatesh, Practicing Cost Accountant, will also speak.

Insights on Future of Cost Audit

These experts will share perspectives on emerging challenges, regulatory developments, and best practices shaping the future of cost audit and cost accounting.

Role of ICMAI and National Vision

The seminar will underscore the strategic role of cost audit. Moreover, it will enhance transparency, drive operational efficiency, and foster Vishwas (trust) among stakeholders. Furthermore, it will emphasize its contribution to value creation. It will also align with the broader national vision of Viksit Bharat. In addition, the platform, supported by ICMAI, will facilitate meaningful discussions. It will cover emerging trends and the evolving trajectory of the CMA profession in a dynamic economic landscape.

Delegates and Participation

The event is expected to witness participation from over 500 delegates representing the corporate sector, industry associations, government bodies, regulatory authorities, financial institutions, and professional organizations, including practicing CMAs.

Knowledge Exchange Platform

This national seminar is poised to serve as a vital platform for knowledge exchange, collaboration, and innovation, reinforcing the pivotal role of cost audit in India’s journey toward sustainable, inclusive, and resilient growth.

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