News

New Publications of the Institute

2012-12-02

 

New Publications of the Institute

Professional Development Directorate

 

Sl.No. Name of the Publication Edition Abstract Cost of Publication
1. Guidance Note on Companies (Cost Records and Audit) Rules, 2014. New First Edition: January, 2016 This Guidance Note is an attempt to explain all the relevant provisions of the Companies Act, 2013 and Companies (Cost Records and Audit) Rules, 2014. It provides provisions related to Cost Audit, various forms, important documents and all CAS & SCA issued by the Institute. It will also supplement the efforts of the members in practice, employment and Industry in maintaining the cost accounting records, conducting audit and filing of cost audit reports. Rs. 400/- per copy.
To get book by courier Rs. 500/- (Rs. 400/- Cost of publication + Rs. 100/- towards courier charges)
2. Guidance Note on Reporting on Fraud under Section 143 (12) of the Companies Act, 2013. New First Edition: January, 2016 A comprehensive Guidance Note to provide necessary guidance and capacity building to the cost accountants in practice and would enable them to do necessary compliance in respect of reporting of fraud under Companies Act, 2013. It also dwells upon provisions of Section 143 (12) which are applicable to cost accountants in practice of conducting cost audit under section 148. Rs. 150/- per copy.
To get book by courier Rs. 200/- (Rs. 150/- Cost of publication + Rs. 50/- towards courier charges)
3. Guidance Note on Maintenance of Cost Records & Cost Audit of Construction Industry First Edition: July 2015 A comprehensive Guidance Note that provides guidance not only for maintenance of cost records and cost audit operations of construction industry but also includes how to recognize its revenues and expenses. It also provides audit checks for each and every element of Costs included in Abridged Cost Statement as given in Companies (Cost Records & Audit) Rules, 2014. Rs. 250/- per copy.
To get book by courier Rs. 350/- (Rs.250/-Cost of publication + Rs. 100/- towards courier charges)
4. Guidance Note on Internal Audit of Engineering Industry First Edition: July, 2015 This is a useful reference book for the professionals engaged in the Internal Audit of Engineering Industry. This Guidance Note provides general framework of the Internal Audit mechanism vis-a-vis sector specific issues relating to Engineering Industry such as Audit of Special Areas with reference to peculiar transactions, Operational Activities, Functional Areas, Maintenance of Cost Records and Cost Audit specific to the Industry. Rs. 250/- per copy.
To get book by courier Rs. 350/- (Rs.250/-Cost of publication + Rs. 100/- towards courier charges)
5. Guidance Note on Internal Audit of Plantation Industry First Edition: July, 2015 This Guidance Note covers Tea, Rubber and Coffee plantations, the major foreign exchange earners of the country. The Guidance Note apart from giving general framework of the Internal Audit mechanism also highlights sector specific issues relating to the Industry and provides specific check lists of internal audit for Tea, Coffee and Rubber separately in addition to audit of special areas, audit of plantation activities, Functional Areas, Maintenance of Cost Records and Cost Audit specific to the Industry and other important areas. Rs. 250/- per copy.
To get book by courier Rs. 350/- (Rs.250/-Cost of publication + Rs. 100/- towards courier charges)
6. Guidance Note on Internal Audit of Telecommunication Industry First Edition: July 2015 A comprehensive and concise reference book for the professionals preparing the Internal Audit Report of a Telecom Company. It Provides internal audit guidance specific to telecom sector regulated by TRAI established under the provisions of Telecom Regulatory Authority of India Act 1997. It Also provides insight of general framework of the internal audit mechanism vis-à-vis sector specific issues which are peculiar to telecommunication industry, Audit of Operational Activities, Audit of Functional Areas etc. Rs. 250/- per copy.
To get book by courier Rs. 325/- (Rs.250/-Cost of publication + Rs. 75/- towards courier charges)
7. Guidance Note on Internal Audit of Power Industry First Edition: July 2015 Provides guidance on internal audit techniques and tools relating to Power Generation, Power Transmission and Distribution of Electricity and Audit Check Lists for each of these activities with respect to specific nature of various production utility / service units, their input output norms, consumption norms including auxiliary power consumption, losses / wastages in each process / unit, efficiency norms, comparison etc. It also provides insight of general framework of the internal audit mechanism vis-à-vis sector specific issues which are peculiar to power industry, Audit of Operational Activities, Audit of Functional Areas etc. Rs. 250/- per copy.
To get book by courier Rs. 325/- (Rs.250/-Cost of publication + Rs. 75/- towards courier charges)
8. Guidance Note on Internal Audit of Stock Brokers and Depository Participants First Edition December-2014 A snapshot of the operations of the stock markets and a technical guide for the internal audit of SEBI, Stock Brokers & Depository Participants: National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Limited (CDSL). A comprehensive and concise reference book for the professionals preparing the Internal Audit Report of a Stock Brokers and Depository Participants. SEBI mandates Cost Accountants for conducting the internal audit on half yearly basis for bringing more transparency and efficiency in the governance of listed companies. NSDL and CDSL also mandate Cost Accountants for conducting the internal / concurrent audit of the operations of Depository Participants (DPs). It includes technicality of the sector, special areas and transactions relating to sector, accounting etc. Rs. 250/-
To get Guidance Note by courier Rs. 300/- (Rs. 250/- Cost of publication + Rs. 50/- towards courier charges)
9. Guidance Note on Internal Audit of Pharmaceutical Industry First Edition November-2014 A comprehensive and concise reference book for the Cost Accountants preparing the Internal Audit Report for the Pharmaceutical Companies. A must read since the Companies Act 2013 vide section 138(1) has mandated Cost Accountants to conduct Internal Audit of the companies. Also include technicality, special transactions, manufacturing operations, accounting, and special areas of the Pharmaceutical Industry, where an internal auditor is required to focus more as compared to other areas, maintenance of cost records and cost audit etc. Rs. 250/-
To get Guidance Note by courier Rs. 300/- (Rs. 250/- Cost of publication + Rs. 50/- towards courier charges)
10. Members' Handbook Third Revised
Edition :
January 2013		 Covers career opportunities available to CMAs in Employment and practice. Gives practicing fields for CMAs under various Ministries, Central & State Government Departments and Statutory & non-statutory fields under various authorities.Updated Revised Edition covers notifications/circulars issued till 10th January 2013 by various ministries including MCA, DGFT, TRAI for their Reporting System under Accounting Separation Regulations, 2012, FICC and other changes in the regulatory framework. Rs. 500/- To get Handbook by courier Rs. 600/- (Rs. 500/-Cost of publication + Rs. 100/- towards
courier charges)
11. Guidance notes on
Maintenance of Cost
Accounting Records		 First Edition :
June 2012		 Provides guidance on Accounting and treatment of all elements of Costs in accordance with GACAP & CAS issued by the Institute, Illustrative list of cost records to be maintained by the companies, practical approach towards cost buildup for a Production / Manufacturing Industry and Appendices containing Notifications,Master Circulars and General Circulars related to the Cost Accounting Records Rules,issued by the Ministry of Corporate Affairs. Rs. 250/- To get Guidance Note by courier Rs. 300/- (Rs. 250/-Cost of  publication + Rs. 50/- towards courier charges)
12. Revised 6th Edition of
Guidance on Valuation
Audit under Central
Excise Law		 Revised 6th
Edition :
January 2011		 Covers changes made in Central Excise Valuation Rules 2000 and Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules 2008 and relevant case laws. Also gives suggested Valuation Audit Report Format, which will be very useful to practising cost Accountants in analyzing various expenses and related issues. Rs. 200/- per copy inclusive of courier charges
13. Revised 3rd Edition of
Guidance on CENVAT
Audit under Central
Excise Law		 Revised 3rd
Edition :
January 2011		 Covers changes made in CENVAT Credit Rules 2004 and procedures governing CENVAT credit.It also gives relevant case laws and practical guidance for carrying out Special Audit u/s 14AA of the Central Excise Act 1944 including sample audit report format. Rs. 200/- per copy inclusive of courier charges
14. Risk-Based Internal
Audit & Concurrent Audit
of Commercial Banks		 First Edition :
January 2011		 Guidance Note gives general framework on Risk Based Internal Audit and would assist both the Concurrent Auditors and Risk Based Internal auditors in discharging their responsibilities in proper assessment and evaluation of scores to facilitate financial institutions in decision-making for financing the fund-seekers. Covers Basel II Guidelines. Rs. 250/-per copy inclusive of courier charges
15. Revised 2nd Edition of
Guidance on Value
Added Tax Its
Accounting & Audit		 Revised 2nd
Edition :
January 2011		 Gives procedures relating to VAT Acts and Rules thereof particularly with respect to Registration, Returns, Assessment, Revision and Reference to various authorities defined in respective State Acts/Rules. The Book also contains Frequently Asked Questions (FAQs) explaining various issues connected with VAT.
It also includes Accounting under VAT with practical examples to facilitate journal entries, accounting treatment in Balance Sheet, VAT Audit, filing of: appeals, review, revision petitions and reference / Statement of Case to various authorities under respective State VAT Acts/Rules.		 Rs. 200/- per copy inclusive of courier charges

Continuing Education Programme Directorate:

 

1. Compendium on Cost
Accounting Records
Rules, Cost Audit Report
Rules, Cost Audit Orders,
Notifications & Circulars,
Clarifications & FAQs		 Second
Edition :
January 2013		 This is compendium of all Rules & Notifications issued by the Ministry of Corporate Affairs with respect to Companies (Cost Accounting Standards) Rules, 2011, Industry Specific Cost Accounting Standards Rules 2011, Companies (Cost Audit Report) Rules 2011, clarifications issued thereon,FAQs etc. Rs. 500/- per copy

Other Publications can be viewed as per the following links:

  1. Cost Accounting Standards Board (CASB): http://www.casbicwai.org/casb/index.asp
  2. Cost Audit & Assurance Standards Board (CAASB): http://www.icwai.org/icwainew/CAASB/index.asp

Contact details for purchasing the Publication

These publications can be purchased directly from the Institute’s Head Quarters/Delhi Office or Regional Councils or order by post by a demand draft in favour of “The Institute of Cost Accountants of India”, payable at New Delhi or through ECS payment: Details of ECS Payment: State Bank of India, Lodhi Road Branch, New Delhi-110003 Current Account No.: 30678404793 MICR Code: 110002493, IFSC Code: SBIN0060321

Issued By: THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
Headquarters: CMA Bhawan,12, Sudder Street, Kolkata- 700016
 Delhi Office: CMA Bhawan 3, Institutional Area, Lodhi Road, New Delhi- 110003
Website: www.icmai.in