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Cost and Works Accountants Act, 1959

116. Functions of the Regional Councils

(1) The Regional Councils shall advise and assist the Central Council in carrying out provisions of the Act.

(2) In particular, the Regional Councils may:

(i) provide facilities for intercourse among members of the Institute in the region by regular meetings, arrangement of talks and lectures and for the acquisition and dissemination of useful information in connection with the profession of accountancy;

(ii) advise the Central Council on all matters referred to them by the said Council and offer such other help as may be required.

(iii) make representations to the Central Council in connection with matters of professional and business interest in the region and offer suggestions for raising the standard and status of the profession;

(iv) maintain a Regional Register of Members, and the Register of Students in the region;

(v) supply routine information to members or to the prospective candidates for examinations;

(vi) propagate among the members the advisability and necessity of observing the rules of professional etiquette and the provisions of the Act and these Regulations;

(vii) collect news from the members of the profession for publication in the Journal of the Institute;

(viii) recommend on their own motion, or on a reference by the Central Council, names for inclusion in the panel of examiners;

(ix) consider and recommend to the Central Council books which may be considered useful for candidates intending to appear for the Intermediate and Final examinations of the Institute;

(x) arrange, if desired by the Central Council, for coaching candidates for the aforesaid examinations in the various centers of the region;

(xi) maintain contacts with the various departments of Governments of the States within the region with a view to enlisting their support in the furtherance of the interest of the members of the Institute;

(xii) run study-circles and refresher course camps for the benefit of the Registered Students and members of the Institute;

(xiii) constitute a permanent research sub-committee for carrying out research work and for giving guidance in and encouragement of research by members in various topics of interest to the profession;

(xiv) maintain a library and reading-room for the use of the members;

(xv) maintain an Employment Exchange for securing suitable employment for qualified cost accountants and finding suitable qualified cost accountants for employers;

(xvi) organize a student section for the benefit of the Registered Students preparing for the Institute's examinations;

(xvii) carry out such other functions as may be entrusted from time to time by the Central Council.

Cost and Works Accountants Act, 1959 Back

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