CFC scheme for CWAs for MCA

The Institute is in receipt of letter no. HQ/79/2006-Computerisation dated 27th September, 2011 from Ministry of Corporate Affairs intimating that they have accepted the request of three Institutes to re-open the registration process of Certified Filing Centres (CFCs) and allow enrolment of more CFCs so that the involvement of Professionals in XBRL and peak filing can be expanded to a large extent. The Ministry has re-opened the scheme for a period of 2 months from 1st October, 2011 till 30th November, 2011.

A Cost Accountant in practice, who fulfills the eligibility and qualifications criteria, may apply to the Institute on line at for a certificate to act as CFC Manager by paying a fee of Rs. 1000/- (Rs. One thousand only).A Cost Accountant in practice who is already holding certificate under old CFC Scheme launched in 2006 is required to renew his/her certificate by paying renewal fee of Rs. 500/- (Rs. Five hundred only) and applying afresh.

After filing the application on line at Institute website, the members are requested to take out the print out and sign the application, attach Demand Draft or Cheque in favour of Institute of Cost and Works Accountants of India, payable at New Delhi (only Delhi local clearing cheque are acceptable), of the requisite fee of Rs. 1000/- (Fresh Application)/ Rs. 500/-(for renewal) as the case may be and send it at the following address for approval of your application by the Institute to act as CFC Manager under MCA 21 e-Governance Programme:

Director (Professional Development)
The Institute of Cost and Works Accountants of India
ICWAI Bhawan, 3, Institutional Area,
Lodhi Road, New Delhi-110 003

Members may note that this scheme is extension of CFC Scheme re-launched by MCA on 1st July, 2010 that remained valid till 30th November, 2010. The cost accountants who are already acting as CFC under this scheme need not apply again.

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