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 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 Institute on July 21, 2011. The proposed document may be modified in light of comments received before being issued in the final form


Please submit your views / comments / suggestions on the proposed document, preferably by email, latest by September 5, 2011.


Comments should be addressed to:


The Secretary,


Cost Accounting Standards Board,

The Institute of Cost and Works Accountants of India,

ICWAI Bhawan, 3rd Floor,

3, Lodi Road, Institutional Area,

New Delhi – 110003


Emailed responses should be sent to:


Please Check the Attached file to download the Exposure Draft


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