Which book is good to read Cost ACCOUNTING STANDARDS ?
Hardik Dave (IPCC and CS Professional(FINAL) Student) (15533 Points)
30 December 2010Hardik Dave (IPCC and CS Professional(FINAL) Student) (15533 Points)
30 December 2010
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114220 Points)
Replied 30 December 2010
For Cost Accounting Standards you can buy a book from ICWA-Office.
Also you can find it in pdf format from ICWA website. Link given below...
Resources
Cost Accounting Standards | |||
CAS No | Title | Objective | Useful for |
CAS1(Final) | Classification of Cost |
For preparation of Cost Statements |
Assessment of excise duty and other taxes, anti-dumping measures, transfer pricing etc. |
CAS2(Final) | Capacity Determination |
For determination of capacity |
Proper allocation, apportionment and absorption of cost. |
CAS3(Final) | Overheads |
For Collection, Allocation, Apportionment and Absorption of overheads |
Determining Cost of products, services or activities |
Revised CAS3(Exposure Draft) | Overheads |
To bring uniformity and consistency in the principles and methods of determining the Overheads with reasonable accuracy. |
Determining the Overheads with reasonable accuracy. |
CAS4(Final) | Cost of Production for Captive Consumption |
To determine the assessable value of excisable goods used for captive consumption. |
Determining Cost of products, services or activities |
CAS5(Final) | Average (equalized) Cost of Transportation | To determine averaged/equalized transportation cost | Calculating the amount of deduction from assessable value of excisable goods, freight subsidy, Insurance claim valuation, etc |
CAS6(Final) | Material Cost | To bring uniformity and consistency in the principles and methods of determining the material cost with reasonable accuracy in an economically feasible manner. | Applicable to all cost statements which require measurement, assignment, classification and presentation of material costs. To be followed in all cost statements requiring assurance including attestation. |
CAS7(Final) | Employee Cost | To bring uniformity and consistency in the principles and methods of determining the Employee cost with reasonable accuracy. | Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Employee cost including those requiring attestation |
CAS8(Final) | Cost of Utilities | To bring uniformity and consistency in the principles and methods of determining the Cost of Utilities with reasonable accuracy. | Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Cost of Utilities including those requiring attestation |
CAS9(Final) | Packing Material Cost | To bring uniformity and consistency in the principles and methods of determining the Packing Material Cost with reasonable accuracy. | Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Packing Material Cost including those requiring attestation |
CAS10(Final) | Direct Expenses | To bring uniformity and consistency in the principles and methods of determining the Direct Expenses with reasonable accuracy. | Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Direct Expenses including those requiring attestation |
CAS11 (Final) | Administrative Overheads | To bring uniformity and consistency in the principles and methods of determining the Administrative Overheads with reasonable accuracy. | Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Administrative Overheads including those requiring attestation |
CAS12 (Final) | Repairs And Maintenance Cost | To bring uniformity and consistency in the principles and methods of determining the Repairs and Maintenance Cost with reasonable accuracy. | Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Repairs and Maintenance Cost including those requiring attestation |
Hardik Dave
(IPCC and CS Professional(FINAL) Student)
(15533 Points)
Replied 02 January 2011
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114220 Points)
Replied 02 January 2011
You are most welcome.....
Hardik Dave
(IPCC and CS Professional(FINAL) Student)
(15533 Points)
Replied 02 January 2011
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)