Accounting & Commerce

Hi,
The central government has created an all-India cadre known as Indian Cost Accounts Service, at par with class I services of the central government to advise the government on various fiscal matters. A Central Cost Accounts (CCA) pool was set up in 1961 and in 1978. The pool was converted into Indian Cost Accounts Service, which has been organised on the pattern of Participating Officers Scheme.
Out of 146 sanctioned duty posts in the service, 38 are in the office of the Chief Adviser Cost and the remaining posts are in various Ministries/Departments. Recruitment to the service is made through UPSC at class I level i.e., Assistant Director (Cost), and only Professional Cost/Chartered Accountants are recruited to the service.
Chief Adviser (Cost) is the cadre controller and Head of the Indian Cost Accounts Service. Office of Chief Adviser Cost is the Headquarter of the Indian Cost Accounts Service and deals with matters relating to the cadre administration, including training requirements of the officers for continuous upgradation of their knowledge and skills. The officers perform special functions themselves and do not have support of Group II officers like other finance services.