The ICMAI Registered Valuers Organisation invites Expression of Interest (EOI) for empanelment of Faculty
The Institute of Cost Accountants of India, established in 1944, was brought under an Act of Parliament in 1959, Govt of India, as a statutory professional body to impart education and training in the field of Cost and Management Accountancy. The Institute is under the administrative control of Ministry of Corporate Affairs, Government of India. The Institute is the 2nd largest Cost & Management Accounting body in the world and the largest in Asia, having approximately 5,00,000 students and 80,000 members all over the globe. The Institute is a founder member of the International Federation of Accountants (IFAC), the Confederation of Asian & Pacific Accountants (CAPA) and the South Asian Federation of Accountants (SAFA). The Institute is also a member of International Valuation Standard Council since 2010.
The Institute of Cost Accountants of India has promoted ICMAI Registered Valuers Organisation (ICMAIRVO), a section 8 company under the Companies Act, 2013, which has received the recognition of Insolvency and Bankruptcy Board of India (IBBI) [vide RVO Recognition No. IBBI/RVO/2018/005] to conduct educational courses for three different asset classes - Land & Building, Plant & Machinery and Securities or Financial Assets.
The Companies Act, 2013 brought into the light the concept of ‘Registered Valuers’ to regulate the practice of Valuation in India and to standardize the valuation in line with International standards. Consequentially, The Ministry of Corporate Affairs (MCA) notified the provisions governing valuation by registered valuers [section 247 of the Companies Act, 2013 (the Act)] and the Companies (Registered Valuers and Valuation) Rules, 2017 (the Rules), both to come into effect from 18 October, 2017.
As per the norms of ICMAIRVO.
EOI should be submitted through online.
ICMAIRVO reserves the right to accept or reject the EOI.
You are requested to kindly apply online in ICMAIRVO prescribed format for Expression of Interest.