COST ACCOUNTING STANDARD ON DETERMINATION OF AVERAGE (EQUALIZED) COST OF TRANSPORTATION

COST ACCOUNTING STANDARD  ON DETERMINATION OF  AVERAGE (EQUALIZED) COST OF  TRANSPORTATION   The following is the text of the Cost Accounting Standard 5 (CAS-5) issued by the Council of the Institute of Cost & Works Accountants of India on “Determination of  Average (Equalized) Cost of Transportation”. This standard deals with the determination of average transportation cost of a product.  In… Read moreCOST ACCOUNTING STANDARD ON DETERMINATION OF AVERAGE (EQUALIZED) COST OF TRANSPORTATION

Draft CAS 6 ARMS LENGTH PRICE-after Kolkata meeting

DRAFT COST ACCOUNTING STANDARD 6 ON DETERMINATION OF ARM’S LENGTH PRICE   The following is the COST ACCOUNTING STANDARD 6 (CAS 6) issued by the Council of the Institute of Cost and Works Accountants of India on “Determination of Arm’s Length Price ”.  The standard deals with the principles and methods of apportionment of determination of Arm’s Length Price.  In… Read moreDraft CAS 6 ARMS LENGTH PRICE-after Kolkata meeting