SF Prep Notes

Indian Cost Accounts Service marks Foundation Day 2026

The Indian Cost Accounts Service (ICoAS) marked its Foundation Day in New Delhi on 9 August 2026 under the Department of Expenditure, with Defence Secretary Rajesh Kumar Singh as chief guest.

Summary

The Indian Cost Accounts Service (ICoAS) celebrated its Foundation Day in New Delhi on 9 August 2026, organised under the aegis of the Department of Expenditure, Ministry of Finance. Defence Secretary Rajesh Kumar Singh was chief guest and Defence Production Secretary Sanjeev Kumar was guest of honour. Expenditure Secretary V. Vualnam commended ICoAS officers' work in cost management for the Government of India, and officers reaffirmed their commitment to cost optimisation for Atmanirbhar Bharat.

Key facts

Service
Indian Cost Accounts Service (ICoAS)
Event
Foundation Day, New Delhi, 9 Aug 2026
Organised under
Department of Expenditure, Ministry of Finance
Chief guest
Defence Secretary Rajesh Kumar Singh

Practice MCQs 1 questions

Q1 Advanced

Under the aegis of which department was the Indian Cost Accounts Service (ICoAS) Foundation Day organised on 9 August 2026?

Show answer

Correct answer: D — Department of Expenditure

The ICoAS Foundation Day was organised under the aegis of the Department of Expenditure, Ministry of Finance.

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