Mandatory application of Cost Accounting Standards

Last updated: 24 April 2009

The Council of the ICWAI at its 251st Meeting held on 12-13 February 2009 decided as below: Mandatory application of Cost Accounting Standards RESOLVED THAT the following Cost Accounting Standards CAS 1: Classifications of Costs CAS 2: Capacity Determination CAS 3: Overheads CAS 4: Cost

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