ICWAI Management Accounting Research Foundation


      Promoted by

icai logo The Institute of Cost Accountants of India

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Completed Projects

ICWAI – MARF has completed the following Projects:

S. No. Project Name
1. Vetting of Cost Manual 2013 of HAL
On the request of Hindustan Aeronautics Ltd. (HAL) the ICWAI-MARF set up a task force to vet the Cost Manual formulated by HAL. After due deliberation which consisted of a series of meetings with HAL officials and visits to divisions at Bangalore, the Cost Manual was revised and edited to the satisfaction of the Task Force and the Finalized 'Cost Manual 2013' of HAL was vetted.
2. Tariff Determination in Respect of Guwahati Airport and Lucknow Airport
The ICWAI-MARF has been appointed as a consultant by Airports Authority of India (AAI) for tariff determination in respect of 6 major airports namely Ahmedabad, Calicut, Lucknow, Guwahati, Jaipur and Trivandrum. The Tariff determination in respect of Guwahati Airport and Lucknow Airport have been completed under the overall supervision of Airports Economic Regulatory Authority of India (AERA).
3. Formulation of Approach Paper for Multi Year Tariff Proposal (MYTP) in Respect of Other Than Major Airports (OMAs)
ICWAI-MARF has formulated Approach Paper for Multi Year Tariff Proposal (MYTP) in respect of other than major airports (OMAs) after taking into consideration the relevent aspects like financial position of the OMAs, traffic projections, capital investments etc. The Approach Paper has been prepared under the overall supervision of Airports Economic Regulatory Authority of India (AERA).
4. Study for Allocation of Assets and Efficient Operating & Maintenance Cost of Aeronautical Operations at IGI Airport, New Delhi
The ICWAI-MARF has conducted a study for allocation of assets and efficient operating & maintenance cost of Aeronautical Operations at IGI Airport, New Delhi. The assignment has been completed in consultation with Airports Economic Regulatory Authority of India (AERA).
5. Study on fixation of Fee / Charges for Testing of Biological Products
ICWAI-MARF has submitted study report on fixation of Fee / Charges for Testing of Biological Products for National Institute of Biologicals (NIB) under Ministry of Health & Family Welfare, Government of India.
6. Study of Costing Methodologies being adopted by M/s BRBNMPL and M/s SPMCIL
ICWAI-MARF has conducted and submitted Report on Costing Methodologies followed by M/s Bhartiya Reserve Bank Note Mudran (P) Ltd. (BRBNMPL) and M/s Security Printing and Minting Corporation of India Limited (SPMCIL) for Printing of Currency Notes
7. Tariff Determination in Respect of Six Major Airports
The ICWAI – MARF has been appointed as a consultant by Airports Authority of India (AAI) for tariff determination in respect of 6 major airports namely Ahmedabad, Calicut, Lucknow, Guwahati, Jaipur and Trivandrum. The tariff determination is to be done under the overall supervision of Airports Economic Regulatory Authority of India (AERA)- 2 completed.
8. Tariff Determination in Respect of Cochin International Airport Limited (CIAL)
ICWAI – MARF has been appointed as a consultant by Cochin International Airport Limited (CIAL) for assisting Airports Economic Regulatory Authority of India (AERA) in reviewing the multiyear tariff proposal (MYTP) submitted by CIAL to AERA.
9. Study for Allocation of Assets and Efficient Operating & Maintenance Cost of Aeronautical Operations at CSI Airport, Mumbai
The ICWAI – MARF has been appointed as a consultant by Airports Authority of India (AAI) to conduct a study for allocation of assets and efficient operating & maintenance cost of Aeronautical Operations at CSI Airport, Mumbai.
10. Development of Integrated Spares Forecasting and Pricing Models
ICWAI-MARF has received consultancy assignment from Hindustan Aeronautics Ltd. (HAL) for developing models for Pricing, Forecasting of requirements for off the shelf supplies of spares and tool for implementation of Pricing and Forecasting Models.