Guidance Note on Accounting for Rate Regulated Activities
Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Guidance Note on Cost Accounting Standard - 7 on Employee Cost (CAS - 7). The proposed ED Guidance Note may be modified in l
Guidance Note on Accounting for Real Estate Transactions (Revised 2012)
Cost Accounting Standards Board, the standard-setting body of the Institute, has approved the release of Exposure Draft of Revised Cost Accounting Standard - 2 on Capacity Determination (CAS - 2). The proposed standard may be modified in light of
The Icai has sought comments from the public on an exposure draft by 20 December With the ministry of corporate affairs (MCA) not moving ahead on implementing global accounting standards in India, the country’s apex accounting body is prop
The Institute has released Guidance Note on Cost Accounting Standard 6 Material Cost (CAS-6).
The Union Finance Minister Shri Pranab Mukherjee said that officers of Indian Cost Accounts Service (ICAS) have a major role to play in facilitating the government in its decision making process through their inputs in solving complex pricing and co
The Central Council of the Institute has approved the release of Exposure Draft of Generally Accepted Cost Accounting Principles (GACAP) Document as recommended by the Cost Accounting Standards Board (CASB), the standard-setting body of the Insti
Differences between IFRSs and IND AS
The Ind As have been prepared by NACAS and with its recommendation submitted to MCA.NACAS adopted due consultative proposed of hosting the draft Ind As insisting comments/suggestions and therefore after deliberated with industries representative i