CMA Bahadur Murao, the firm's visionary founder, brought unparalleled expertise from his tenure with many Government department including the Member (Finance) , Tariff Commission (formerly the Bureau of Industrial Cost and Price). His leadership laid the foundation for professionalism, ethical excellence, and a commitment to advancing cost and management accounting practices.
Over the years, Bahadur Murao and Co. has been shaped by the contributions of esteemed partners who played a pivotal role in strengthening the firm's legacy. Many of these professionals have served in prestigious government bodies such as the Indian Cost Accounts Service, the Indian Audit and Account Services, and the Institute of Cost Accountants of India. Additionally, past partners with extensive experience in Public Sector Undertakings (PSUs) have enriched the firm's capabilities in cost audits, pricing strategies, cost efficiency mechanisms, Direct and Indirect tax compliance leaving a lasting impact on its growth and reputation.
The firm honours the contributions of CMA Bahadur Murao, along with other prominent professional who played key roles in shaping the organisation:
- CMA P. S. Talwar - Indian Audit & Accounts Services, expert in government financial auditing, later started the practice.
- CMA B. N. Midha - Indian Audit & Accounts Services, Renowned cost auditor and financial management expert.
- CMA A. K. Verma - Senior officer in PSUs, specialized in financial strategy and later in practice.
- CMA Gopalakrishnan V. Swami – served in Indian Cost Accounting Services (ICoAS) officer with expertise in cost control and budgeting; later in practice.
- CMA J. P. Singh - Served ICMAI, contributed to cost audit standardization and later joined the practicing of profession.
- CMA M. L. Mehta - served in Indian Cost Accounting Services (ICoAS) officer, Former Additional Chief Adviser (Cost), Ministry of Finance, with expertise in cost audit, pricing studies, cost accounting standards and cost audit guidelines(Formulation).