President

CMA Balwinder Singh is the President of the Institute of Cost Accountants of India for the year 2019-20.

  • CMA Balwinder Singh is a Fellow Member of the Institute of Cost Accountants of India. He is also Fellow Member of the Institute of Chartered Accountants of India, Fellow Member of the Institution of Valuers, Licentiate of Insurance Institute of India, Information System Auditor and Certified Arbitrator.

  • He qualified in the year 1996 and is a leading practising Cost Accountant. He has been actively associated with the Institute in various capacities since the year 1998. He has been Vice President of the Institute of Cost Accountants of India during the year 2018-19. He has been Central Council Member (2007-11 and 2015-19) of the Institute of Cost Accountants of India.

  • He is Chairman (2019-20) of Executive Committee, Finance Committee, Examination Committee, Disciplinary Committee and Infrastructure Committee of the Institute of Cost Accountants of India.

  • He is Member, Government Accounting Standards Advisory Board.

  • He is Member, Committee of Experts, Government of India, Ministry of Corporate Affairs, to examine the need for an Institutional framework for regulation and development of Valuation Professionals.

  • He is Member, Insolvency Law Committee, Government of India, Ministry of Corporate Affairs.

  • He is Member, Government of India, Ministry of Corporate Affairs, Committee on Business Responsibility Reporting.

  • He is Board Member of South Asian Federation of Accountants, apex body of SAARC Countries

  • He is member of the Accounting and Finance Services Sectional Committee of Bureau of Indian Standards (BIS), Govt. of India

  • He is Member, Task Force for mentoring and monitoring the Accounting & Statutory compliances of Assam Public Sector Enterprises.

  • He has been Chairman, Cost Accounting Standards Board during the year 2015-16, 2016-17 and 2018-19

  • He has been Chairman (2007-08, 2008-09) of Members Facilities & Services Committee, Chairman (2009-10) of Board for Training of Accounting Technicians, Chairman (2010-11) of Regional Councils & Chapters Co-ordination Committee and Chairman (2017-18) of Public Finance and Government Accounting

  • He has been Member, Government of India, Ministry of Corporate Affairs on the revision of Depreciation rates under the Companies Act.

  • He has been Member, Committee on “Effect of IFRS on Indian Railways Finance Corporation”, PSU under Ministry of Railways

  • He has been Member, SAFA: South Asian Federation of Accountants’ Committee on Accounting & Auditing Standards, an apex body of SAARC from the year 2008 till 2011. From the year 2015 to 2019, he has been member of SAFA Committee on Professional Ethics Independence.

  • He represented in the International Federation of Accountants (IFAC) Council Meeting held at Canada in 2019.

  • He represented in 17th Board meeting of Confederation of Asian & Pacific Accountants (CAPA) held at Canada in 2009 and also in the CAPA Assembly in the year 2019 at Canada

  • He represented in First Accounting Standards Meet for IFAC-International Federation of Accountants in 2010 at Sri Lanka

  • He has supported the initiative of the Institute of Cost & Management Accountants of Sri Lanka in setting up of Cost & Management Accounting Standards Board in 2019

  • He is also Member of Cost Auditing & Assurance Standards Board, Internal Auditing Standards Board, Technical Cell, Strategic Advisory Group and Board of Advanced Studies.

  • He is also Member of Professional Development Committee, Banking & Insurance Committee, Management Accounting Committee, Corporate Laws Committee, Direct Taxation Committee, Indirect Taxation Committee, International Affairs Committee, Training & Educational Facilities and Placement Committee, Journal & Publications Committee, IT Committeeand Member of various other committees of the Institute.

  • He has been Member of Accounting Standards Board of the Institute of Chartered Accountants of India from the year 2008 till 2010.

  • He is Expert Speaker on Accounting Standards for the last 21 years and has addressed large number of sessions on Accounting Standards, Cost Accounting Standards and IFRS at various professional platforms and corporate houses.

  • He is Author of publications on Conceptual Clarity on Accounting Standards (including comparison with IFRS)