ICWAI Logo
Home About CASB Chairman Communique CASB Members  Downloads  Suggestion  Institute Website


 
Glossary of Terms of CASB
Serial No. Title
1.

Glossary of Terms of CASB

 
Download Generally Accepted Cost Accounting Principles (GACAP)
Serial No. Title
1.

Generally Accepted Cost Accounting Principles (GACAP)**

 
 
Download Cost Accounting Standards
Cost Accounting Standards
CAS No Title Objective
CAS-1 *
(Revised 2015)
Classification of Cost For preparation of Cost Statements
 
CAS2*** (Revised 2015) Capacity Determination To bring uniformity and consistency in the principles and methods of determination of capacity with reasonable accuracy.
CAS2**
Capacity Determination To bring uniformity and consistency in the principles and methods of determination of capacity with reasonable accuracy.
 
CAS3 ***
(Revised 2015)
Production and Operation Overheads To bring uniformity and consistency in the principles and methods of determining the Production or Operation Overheads with reasonable accuracy.
CAS3**
Overheads To bring uniformity and consistency in the principles and methods of determining the Overheads with reasonable accuracy.
CAS4 Cost of Production for Captive Consumption To determine the assessable value of excisable goods used for captive consumption.
 
CAS5** Average (equalized) Cost of Transportation To determine averaged/equalized transportation cost
CAS6****
(Limited Revision 2017)
Material Cost To bring uniformity and consistency in the principles and methods of determining the material cost with reasonable accuracy in an economically feasible manner.
CAS6** Material Cost To bring uniformity and consistency in the principles and methods of determining the material cost with reasonable accuracy in an economically feasible manner.
CAS7****
(Limited Revision 2017)
Employee Cost To bring uniformity and consistency in the principles and methods of determining the Employee cost with reasonable accuracy.
CAS7** Employee Cost To bring uniformity and consistency in the principles and methods of determining the Employee cost with reasonable accuracy.
CAS8****
(Limited Revision 2017)
Cost of Utilities To bring uniformity and consistency in the principles and methods of determining the Cost of Utilities with reasonable accuracy.
CAS8** Cost of Utilities To bring uniformity and consistency in the principles and methods of determining the Cost of Utilities with reasonable accuracy.
CAS9****
(Limited Revision 2017)
Packing Material Cost To bring uniformity and consistency in the principles and methods of determining the Packing Material Cost with reasonable accuracy.
CAS9** Packing Material Cost To bring uniformity and consistency in the principles and methods of determining the Packing Material Cost with reasonable accuracy.
CAS10****
(Limited Revision 2017)
Direct Expenses To bring uniformity and consistency in the principles and methods of determining the Direct Expenses with reasonable accuracy.
CAS10** Direct Expenses To bring uniformity and consistency in the principles and methods of determining the Direct Expenses with reasonable accuracy.
CAS11****
(Limited Revision 2017)
Administrative Overheads To bring uniformity and consistency in the principles and methods of determining the Administrative Overheads with reasonable accuracy.
CAS11** Administrative Overheads To bring uniformity and consistency in the principles and methods of determining the Administrative Overheads with reasonable accuracy.
CAS12****
(Limited Revision 2017)
Repairs And Maintenance Cost To bring uniformity and consistency in the principles and methods of determining the Repairs and Maintenance Cost with reasonable accuracy.
CAS12** Repairs And Maintenance Cost To bring uniformity and consistency in the principles and methods of determining the Repairs and Maintenance Cost with reasonable accuracy.
CAS13****
(Limited Revision 2017)
Cost of Service Cost Centre To bring uniformity and consistency in the principles and methods of determining the Cost of Service Cost Centre with reasonable accuracy.
CAS13** Cost of Service Cost Centre To bring uniformity and consistency in the principles and methods of determining the Cost of Service Cost Centre with reasonable accuracy.
CAS14****
(Limited Revision 2017)
Pollution Control Cost* To bring uniformity and consistency in the principles and methods of determining the Pollution Control Costs with reasonable accuracy.
CAS14** Pollution Control Cost* To bring uniformity and consistency in the principles and methods of determining the Pollution Control Costs with reasonable accuracy.
CAS15** Selling and Distribution Overheads To bring uniformity and consistency in the principles and methods of determining the Selling and Distribution Overheads with reasonable accuracy.
CAS16****
(Limited Revision 2017)
Depreciation and Amortisation To bring uniformity and consistency in the principles and methods of determining the Depreciation and Amortisation with reasonable accuracy.
CAS16** Depreciation and Amortisation To bring uniformity and consistency in the principles and methods of determining the Depreciation and Amortisation with reasonable accuracy.
CAS17****
(Limited Revision 2017)
Interest and Financing Charges. To bring uniformity and consistency in the principles ,methods of determining and assigning the Interest and Financing Charges with reasonable accuracy.
CAS17** Interest and Financing Charges. To bring uniformity and consistency in the principles ,methods of determining and assigning the Interest and Financing Charges with reasonable accuracy.
CAS18** Research and Development Costs To bring uniformity and consistency in the principles and methods of determining the Research, and Development Costs with reasonable accuracy and presentation of the same.
CAS19** Joint Costs To bring uniformity and consistency in the principles and methods of determining the Joint Costs.
CAS20****
(Limited Revision 2017)
Royalty and Technical Know-How Fee To bring uniformity and consistency in the principles and methods of determining the amount of Royalty and Technical Know-how Fee with reasonable accuracy.
CAS20** Royalty and Technical Know-How Fee To bring uniformity and consistency in the principles and methods of determining the amount of Royalty and Technical Know-how Fee with reasonable accuracy.
CAS21****
(Limited Revision 2017)
Quality Control To bring uniformity, consistency in the principles, methods of determining and assigning Quality Control cost with reasonable accuracy.
CAS21** Quality Control To bring uniformity, consistency in the principles, methods of determining and assigning Quality Control cost with reasonable accuracy.
CAS22****
(Limited Revision 2017)
Manufacturing Cost To bring uniformity and consistency in the principles and methods of determining the Manufacturing Cost of excisable goods
CAS22 Manufacturing Cost To bring uniformity and consistency in the principles and methods of determining the Manufacturing Cost of excisable goods
CAS23****
(Limited Revision 2017)
Overburden Removal Cost To bring uniformity, consistency in the principles, methods of determining and assigning Overburden Removal Cost with reasonable accuracy.
CAS23 Overburden Removal Cost To bring uniformity, consistency in the principles, methods of determining and assigning Overburden Removal Cost with reasonable accuracy.
CAS24****
(Limited Revision 2017)
Treatment of Revenue in Cost Statements To bring uniformity and consistency in the principles and methods for treatment of revenue in cost statements with reasonable accuracy.
CAS24 Treatment of Revenue in Cost Statements To bring uniformity and consistency in the principles and methods for treatment of revenue in cost statements with reasonable accuracy.

 

 
Download Guidance Note on Cost Accounting Standard
Serial No. Title
1.

Guidance Note on CAS-2 (Revised 2015) Capacity Determination"....

2.

Revised Guidance Note on Cost Accounting Standard on Cost of Production for Captive Consumption (CAS-4)

3.

Guidance Note on Cost Accounting Standard Material Cost (CAS-6)

4.

Guidance Note on Cost Accounting Standard on Employee Cost (CAS-7)

5.

Guidance Note on Cost Accounting Standard on Cost of Utilities (CAS-8).

6.

Guidance Note on Cost Accounting Standard on Packing Material Cost (CAS-9)

7.

Guidance Note on Cost Accounting Standard on Direct Expenses (CAS-10) .

8.

Guidance Note on Cost Accounting Standard on Administrative Overheads (CAS-11).

9.

Guidance Note on Cost Accounting Standard on Repairs and Maintenance Cost (CAS-12) .

10. Guidance Note on Maintenance of Cost Accounting Records for Construction Industry Including Real Estate and Property Development Activity
11. Guidance Note on Treatment of Costs Relating to Corporate Social Responsibility (CSR) Activities