The Council of the Institute has approved the Cost Accounting Standard on Employee Cost (CAS-7) & Cost of Utilities (CAS-8) and approved the release of Exposure Drafts on Administrative Overheads & Repairs and Maintenance Cost.
REQUEST FOR COMMENTS
The Council of the Institute in its meeting held on September 12, 2009 has approved the release of the Exposure Drafts on Administrative Overheads and Repairs & Maintenance Cost, as recommended by the Cost Accounting Standards Board (CASB), the standard-setting body of the Institute. The CASB’s proposed standards may be modified in light of comments received before being issued as a standard in final form.
Please submit your comments preferably by email, latest by November 13, 2009. Comments should be addressed to:
Cost Accounting Standards Board
The Institute of Cost and Works Accountants of India,
ICWAI Bhawan, 3rd Floor
3, Institutional Area, Lodi Road,
Email responses should be sent to: firstname.lastname@example.org