Central Council of the ICWAI has approved on 12th September 2009 the Cost Accounting Standards on Employee Cost (CAS-7) and Cost of Utilities (CAS-8). The same have been hosted on the website of the ICWAI.
Final Cost Accounting Standard on Employee Cost (CAS-7).
https://www.icwai.org/icwai/docs/CASB/CAS7.pdf
Final Cost Accounting Standard on Cost of Utilities (CAS-8).
https://www.icwai.org/icwai/docs/CASB/CAS8.pdf
The Central Council has also approved the release of Exposure Draft Cost Accounting Standards on Administrative Overheads and Repairs & Maintenance Overheads . The members of the profession, experts and the industry representatives requested to give their comments / suggestions on the proposed exposure drafts within 13th November 2009.
The exposure drafts are available on the website of the Institute at
Download Exposure Draft on Administrative Overheads.
https://www.icwai.org/icwai/docs/CASB/CASEDAO.pdf
Download Exposure Draft on Repair and Maintenance Cost.
https://www.icwai.org/icwai/docs/CASB/CASEDRMC.pdf
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