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Costing

Anooj (Chartered Accountant) (2130 Points)

02 March 2012

Why COSTING is a CORE subject for CA students even though Chartered Accountants are not employed in this area???

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Chartered Accountants are expected to have all round knowledge becuase some Ca's may get chance to work for manufacturing industries, at that time he/she should not blink! so costing is core subject next to financial reporting and taxation.

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Back in the Game (a) (1273 Points)
Replied 02 March 2012

Costing is a very crucial subject...But sad to say only .01% of industries adopt costing in india...But in Most of the Foreign countries Costing is very vital & almost all 99% of industries Follow costing...

If u buy an indian authors book he will ve solved a 100 problems but just buy Hongrens book for Ca finals he has lifted practical insights from the industries...You will realize wat taste the sibject has got...

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Tony John (Chartered Accountant) (6085 Points)
Replied 02 March 2012

Originally posted by : AK
	Chartered Accountants are expected to have all round knowledge becuase some Ca's may get chance to work for manufacturing industries, at that time he/she should not blink! so costing is core subject next to financial reporting and taxation.