Pragathy 2012 Cost Arena, was jointly organized by the Cochin chapter of ICAI and CMA Srilanka. The program has literally lived up to the caption “everlasting quest for knowledge”. Program envisaged all round development of CMA students not only in academic areas but also in development in certain important qualities of understanding the brother hood, culture and improvement of latent talents in the students. This is the first of its kind among the accounting professional bodies in South Asia.