www.icmai.inicmai.inicmai.in:@0.798205:0.974748:0.923776:0.974748:0.923776:0.957721:0.798205:0.957721:0.015775:0.015775:0.015775:0.005780:0.006278:0.009118:0.016807:0.011271:0.006278:0.005780:0.006278:-0.061818:0.006278:0.009118:0.016807:0.011271:0.006278:0.005771:0.006278:-0.061799:0.006278:0.009118:0.016807:0.011271:0.006278:0.005771:0.006278:0.010674 May 2017y 2017:@0.406839:0.977956:0.492193:0.977956:0.492193:0.962673:0.406839:0.962673:0.015974:0.009606:0.010131:0.004740:0.011452:0.011452:0.011452:-0.049226:0.010131:0.004740:0.011452:0.011452:0.011452:0.010547 4 4 4 4:@0.085470:0.980264:0.096325:0.980264:0.096325:0.958570:0.085470:0.958570:0.010855:-0.010855:0.010855:-0.010855:0.010855:-0.010855:0.010855 The Management Accountantgement Accountantgement Accountant:@0.122650:0.977954:0.372489:0.977954:0.372489:0.962671:0.122650:0.962671:0.011452:0.011452:0.009009:0.004740:0.015974:0.010131:0.011452:0.009968:0.009787:0.009009:0.015974:0.009009:0.011452:0.006748:0.004740:0.013713:0.009009:0.009009:0.010131:0.011452:0.011452:0.006748:0.010131:0.011452:-0.159817:0.009787:0.009009:0.015974:0.009009:0.011452:0.006748:0.004740:0.013713:0.009009:0.009009:0.010131:0.011452:0.011452:0.006748:0.010131:0.011452:-0.159817:0.009787:0.009009:0.015974:0.009009:0.011452:0.006748:0.004740:0.013713:0.009009:0.009009:0.010131:0.011452:0.011452:0.006748:0.010131:0.011452:0.005843 l:@0.382870:0.976735:0.397343:0.976735:0.397343:0.966042:0.382870:0.966042:0.014473 www.:@0.798205:0.974748:0.850416:0.974748:0.850416:0.957721:0.798205:0.957721:0.015775:0.015775:0.015775:0.004885 The Mana:@0.122650:0.977954:0.206086:0.977954:0.206086:0.962671:0.122650:0.962671:0.011452:0.011452:0.009009:0.004740:0.015974:0.010131:0.011452:0.009226 l:@0.382870:0.976735:0.397343:0.976735:0.397343:0.966042:0.382870:0.966042:0.014473 May 2017 VOL 52 NO.5 100:@0.099347:0.326883:0.309028:0.326883:0.309028:0.313618:0.099347:0.313618:0.009994:0.007390:0.006940:0.004237:0.007376:0.007376:0.007376:0.007376:0.004237:0.004237:0.004237:0.004237:0.008263:0.009488:0.006658:0.004237:0.007376:0.007376:0.004237:0.004237:0.004237:0.004237:0.008981:0.009488:0.005166:0.007376:0.004237:0.004237:0.004237:0.004237:0.004237:0.007376:0.007376:0.007376 MAY 2017:@0.745119:0.149859:0.874719:0.149859:0.874719:0.121046:0.745119:0.121046:0.023398:0.017696:0.018229:0.007809:0.015617:0.015617:0.015617:0.015617 The Management Accountant, official organ of The Institute of Cost Accountants of India, established in 1944 (founder member of IFAC, :@0.068021:0.704442:0.861037:0.704442:0.861037:0.690703:0.068021:0.690703:0.007048:0.007439:0.006918:0.003271:0.012374:0.007439:0.007439:0.007439:0.007439:0.006918:0.011448:0.006918:0.007294:0.004848:0.003271:0.008380:0.005890:0.005905:0.007425:0.007439:0.007309:0.004646:0.007439:0.007294:0.004848:0.003618:0.003271:0.007425:0.004414:0.004414:0.003329:0.006021:0.003329:0.007439:0.003329:0.003271:0.007425:0.004964:0.007439:0.007439:0.007439:0.003271:0.007425:0.004414:0.003271:0.007048:0.007439:0.006918:0.003271:0.003647:0.007439:0.005500:0.004848:0.003329:0.004848:0.007439:0.004689:0.006918:0.003271:0.007425:0.004414:0.003271:0.007569:0.007425:0.005456:0.004848:0.003271:0.008380:0.005890:0.005905:0.007425:0.007439:0.007309:0.004646:0.007439:0.007294:0.004848:0.005630:0.003271:0.007425:0.004414:0.003271:0.003647:0.007439:0.007439:0.003329:0.007439:0.003618:0.003271:0.006918:0.005456:0.004646:0.007439:0.007439:0.003329:0.003329:0.005630:0.007439:0.006918:0.007439:0.003271:0.003329:0.007439:0.003271:0.007338:0.007338:0.007338:0.007338:0.003271:0.004385:0.004212:0.007425:0.007439:0.007439:0.007439:0.006918:0.004964:0.003271:0.011448:0.006918:0.011448:0.007439:0.006918:0.004964:0.003271:0.007425:0.004414:0.003271:0.003647:0.005876:0.008032:0.007569:0.003618:0.003271 SAFA and CAPA):@0.068021:0.715091:0.161241:0.715091:0.161241:0.701353:0.068021:0.701353:0.006542:0.008380:0.005804:0.008380:0.003271:0.007439:0.007439:0.007439:0.003271:0.007569:0.008380:0.006542:0.008380:0.004385 EDITOR - CMA Dr. Debaprosanna Nandy:@0.068021:0.736711:0.306839:0.736711:0.306839:0.723153:0.068021:0.723153:0.007063:0.009118:0.003864:0.006889:0.009682:0.008148:0.003271:0.004429:0.003271:0.007511:0.012649:0.008771:0.003271:0.009118:0.004038:0.003864:0.003271:0.009118:0.007106:0.007642:0.007642:0.007642:0.005094:0.007627:0.005702:0.007642:0.007627:0.007627:0.007642:0.003271:0.009494:0.007642:0.007627:0.007642:0.006802 on behalf of The Institute of Cost Accountants of India, 12, Sudder Street, Kolkata - 700 016. e-mail: editor@icmai.in :@0.068021:0.747041:0.748973:0.747041:0.748973:0.733303:0.068021:0.733303:0.007425:0.007439:0.003271:0.007439:0.006918:0.007439:0.007439:0.003329:0.004414:0.003271:0.007425:0.004414:0.003271:0.007048:0.007439:0.006918:0.003271:0.003647:0.007439:0.005471:0.004848:0.003329:0.004848:0.007439:0.004689:0.006918:0.003271:0.007425:0.004414:0.003271:0.007569:0.007425:0.005456:0.004848:0.003271:0.008380:0.005890:0.005905:0.007425:0.007439:0.007309:0.004646:0.007439:0.007294:0.004848:0.005630:0.003271:0.007425:0.004414:0.003271:0.003647:0.007439:0.007439:0.003329:0.007439:0.003618:0.003271:0.007338:0.007338:0.003618:0.003271:0.006542:0.007439:0.007439:0.007439:0.006918:0.004964:0.003271:0.006542:0.004848:0.004964:0.006918:0.006918:0.004848:0.003618:0.003271:0.007121:0.007425:0.003329:0.006108:0.007439:0.004660:0.007439:0.003271:0.004429:0.003271:0.007338:0.007338:0.007338:0.003271:0.007338:0.007338:0.007338:0.003662:0.003271:0.006918:0.004429:0.011448:0.007439:0.003329:0.003329:0.003879:0.003271:0.006918:0.007439:0.003329:0.004617:0.007425:0.004964:0.012939:0.003329:0.006021:0.011448:0.007439:0.003329:0.003662:0.003329:0.007439:0.003271:0.003271 PRINTER & PUBLISHER - CMA Kaushik Banerjee :@0.068021:0.768660:0.352559:0.768660:0.352559:0.755103:0.068021:0.755103:0.007700:0.008148:0.003864:0.009494:0.007164:0.007063:0.008148:0.003271:0.010203:0.003271:0.007700:0.009451:0.008119:0.006122:0.003864:0.006730:0.009132:0.007063:0.008148:0.003271:0.004429:0.003271:0.007511:0.012649:0.008771:0.003271:0.007569:0.007642:0.007627:0.005702:0.007627:0.003560:0.006947:0.003271:0.008119:0.007642:0.007627:0.007106:0.005094:0.003691:0.007106:0.007106:0.003271 on behalf of The Institute of Cost Accountants of India, 12, Sudder Street, Kolkata - 700 016:@0.068021:0.778991:0.597832:0.778991:0.597832:0.765252:0.068021:0.765252:0.007425:0.007439:0.003271:0.007439:0.006918:0.007439:0.007439:0.003329:0.004414:0.003271:0.007425:0.004414:0.003271:0.007048:0.007439:0.006918:0.003271:0.003647:0.007439:0.005471:0.004848:0.003329:0.004848:0.007439:0.004689:0.006918:0.003271:0.007425:0.004414:0.003271:0.007569:0.007425:0.005456:0.004848:0.003271:0.008380:0.005890:0.005905:0.007425:0.007439:0.007309:0.004646:0.007439:0.007294:0.004848:0.005630:0.003271:0.007425:0.004414:0.003271:0.003647:0.007439:0.007439:0.003329:0.007439:0.003618:0.003271:0.007338:0.007338:0.003618:0.003271:0.006542:0.007439:0.007439:0.007439:0.006918:0.004964:0.003271:0.006542:0.004848:0.004964:0.006918:0.006918:0.004848:0.003618:0.003271:0.007121:0.007425:0.003329:0.006108:0.007439:0.004660:0.007439:0.003271:0.004429:0.003271:0.007338:0.007338:0.007338:0.003271:0.007338:0.007338:0.007338 CHAIRMAN :@0.068007:0.832560:0.139619:0.832560:0.139619:0.819002:0.068007:0.819002:0.007511:0.009132:0.008771:0.003864:0.008148:0.012649:0.008771:0.009494:0.003271 RESEARCH, JOURNAL & IT COMMITTEE - CMA Avijit Goswami:@0.068007:0.843210:0.432971:0.843210:0.432971:0.829652:0.068007:0.829652:0.008148:0.006918:0.006730:0.006889:0.008771:0.008047:0.007511:0.009132:0.003734:0.003271:0.004791:0.009682:0.009451:0.008148:0.009494:0.008771:0.006122:0.003271:0.010203:0.003271:0.003864:0.007164:0.003271:0.007338:0.009682:0.012649:0.012649:0.003864:0.007338:0.007164:0.007063:0.007063:0.003271:0.004429:0.003271:0.007511:0.012649:0.008771:0.003271:0.008264:0.006788:0.003560:0.003691:0.003560:0.005022:0.003271:0.009219:0.007627:0.005702:0.010782:0.007642:0.011636:0.003560 th:@0.280918:0.857393:0.287062:0.857393:0.287062:0.850524:0.280918:0.850524:0.002424:0.003720 EDITORIAL OFFICE - :@0.068001:0.864505:0.187171:0.864505:0.187171:0.850948:0.068001:0.850948:0.007063:0.009118:0.003864:0.006889:0.009682:0.008148:0.003864:0.008771:0.006122:0.003271:0.009682:0.006643:0.006643:0.003864:0.007511:0.007063:0.003271:0.004429:0.003271 CMA Bhawan, 4 Floor, 84, Harish Mukherjee Road, Kolkata -700 025:@0.187128:0.864186:0.590170:0.864186:0.590170:0.850448:0.187128:0.850448:0.007569:0.012374:0.008380:0.003271:0.007873:0.007439:0.007439:0.010348:0.007439:0.007439:0.003618:0.003271:0.007338:0.006122:0.003271:0.006658:0.003329:0.007425:0.007425:0.003864:0.003618:0.003271:0.007338:0.007338:0.003618:0.003271:0.009017:0.007439:0.004964:0.003329:0.005630:0.007439:0.003271:0.012374:0.007439:0.006585:0.007439:0.006918:0.004964:0.003459:0.006918:0.006918:0.003271:0.007511:0.007425:0.007439:0.007439:0.003618:0.003271:0.007236:0.007425:0.003329:0.006108:0.007439:0.004646:0.007439:0.003271:0.004429:0.007338:0.007338:0.007338:0.003271:0.007338:0.007338:0.007338 Tel: +91 33 2454-0086/0087/0184, Fax: +91 33 2454-0063:@0.067987:0.874836:0.407724:0.874836:0.407724:0.861098:0.067987:0.861098:0.005833:0.006918:0.003329:0.003879:0.003271:0.007208:0.007338:0.007338:0.003271:0.007338:0.007338:0.003271:0.007338:0.007338:0.007338:0.007338:0.004429:0.007338:0.007338:0.007338:0.007338:0.005615:0.007338:0.007338:0.007338:0.007338:0.005615:0.007338:0.007338:0.007338:0.007338:0.003618:0.003271:0.006368:0.007439:0.006267:0.003879:0.003271:0.007208:0.007338:0.007338:0.003271:0.007338:0.007338:0.003271:0.007338:0.007338:0.007338:0.007338:0.004429:0.007338:0.007338:0.007338:0.007338 The Institute of Cost Accountants of India is the owner of all the written and visual contents in this journal. Permission is necessary to re-:@0.067987:0.885486:0.860843:0.885486:0.860843:0.871747:0.067987:0.871747:0.007048:0.007439:0.006918:0.003271:0.003647:0.007439:0.005471:0.004848:0.003329:0.004848:0.007439:0.004689:0.006918:0.003271:0.007425:0.004414:0.003271:0.007569:0.007425:0.005456:0.004848:0.003271:0.008380:0.005890:0.005905:0.007425:0.007439:0.007309:0.004646:0.007439:0.007294:0.004848:0.005630:0.003271:0.007425:0.004414:0.003271:0.003647:0.007439:0.007439:0.003329:0.007439:0.003271:0.003329:0.005630:0.003271:0.004848:0.007439:0.006918:0.003271:0.007425:0.010348:0.007439:0.006918:0.004964:0.003271:0.007425:0.004414:0.003271:0.007439:0.003329:0.003329:0.003271:0.004848:0.007439:0.006918:0.003271:0.010348:0.004964:0.003329:0.004617:0.004689:0.006918:0.007439:0.003271:0.007439:0.007439:0.007439:0.003271:0.006455:0.003329:0.005630:0.007439:0.007439:0.003329:0.003271:0.005890:0.007425:0.007294:0.004689:0.006918:0.007294:0.004848:0.005630:0.003271:0.003329:0.007439:0.003271:0.004848:0.007439:0.003329:0.005630:0.003271:0.003459:0.007425:0.007439:0.004964:0.007439:0.007439:0.003329:0.003662:0.003271:0.007179:0.006918:0.004964:0.011448:0.003329:0.005630:0.005630:0.003329:0.007425:0.007439:0.003271:0.003329:0.005630:0.003271:0.007439:0.006918:0.005905:0.006918:0.005630:0.005630:0.007439:0.004964:0.006469:0.003271:0.004747:0.007425:0.003271:0.004964:0.006918:0.004429 use any content and graphics for any purpose.:@0.067987:0.896136:0.336995:0.896136:0.336995:0.882397:0.067987:0.882397:0.007439:0.005630:0.006918:0.003271:0.007439:0.007179:0.006469:0.003271:0.005905:0.007425:0.007294:0.004689:0.006918:0.007294:0.004848:0.003271:0.007439:0.007439:0.007439:0.003271:0.007439:0.004964:0.007439:0.007439:0.007439:0.003329:0.006021:0.005630:0.003271:0.004255:0.007425:0.004964:0.003271:0.007439:0.007179:0.006469:0.003271:0.007439:0.007439:0.004964:0.007439:0.007425:0.005630:0.006918:0.003662 DISCLAIMER - :@0.067987:0.917755:0.152798:0.917755:0.152798:0.904198:0.067987:0.904198:0.009118:0.003864:0.006730:0.007511:0.006122:0.008771:0.003864:0.012649:0.007063:0.008148:0.003271:0.004429:0.003271 The views expressed by the authors are personal and do not necessarily represent the views of the Institute and therefore :@0.152784:0.917435:0.863274:0.917435:0.863274:0.903697:0.152784:0.903697:0.007048:0.007439:0.006918:0.003271:0.006455:0.003329:0.006817:0.010348:0.005630:0.003271:0.006614:0.006267:0.007439:0.004964:0.006918:0.005630:0.005630:0.006918:0.007439:0.003271:0.007439:0.006469:0.003271:0.004848:0.007439:0.006918:0.003271:0.007439:0.007439:0.004848:0.007439:0.007425:0.004964:0.005630:0.003271:0.007439:0.004964:0.006918:0.003271:0.007439:0.006918:0.004964:0.005630:0.007425:0.007439:0.007439:0.003329:0.003271:0.007439:0.007439:0.007439:0.003271:0.007439:0.007425:0.003271:0.007439:0.007425:0.004848:0.003271:0.007439:0.006918:0.005862:0.006918:0.005630:0.005630:0.007439:0.004964:0.003329:0.003329:0.006469:0.003271:0.004964:0.006918:0.007439:0.004964:0.006918:0.005630:0.006918:0.007265:0.004848:0.003271:0.004848:0.007439:0.006918:0.003271:0.006455:0.003329:0.006817:0.010348:0.005630:0.003271:0.007425:0.004414:0.003271:0.004848:0.007439:0.006918:0.003271:0.003647:0.007439:0.005471:0.004848:0.003329:0.004848:0.007439:0.004689:0.006918:0.003271:0.007439:0.007439:0.007439:0.003271:0.004848:0.007439:0.006918:0.004964:0.006918:0.004212:0.007425:0.004964:0.006918:0.003271 should not be attributed to it. :@0.067987:0.928085:0.243543:0.928085:0.243543:0.914347:0.067987:0.914347:0.005630:0.007439:0.007425:0.007439:0.003329:0.007439:0.003271:0.007439:0.007425:0.004848:0.003271:0.007439:0.006918:0.003271:0.007439:0.004733:0.004848:0.004964:0.003329:0.007439:0.007439:0.004689:0.006918:0.007439:0.003271:0.004660:0.007425:0.003271:0.003329:0.004848:0.003662:0.003271 The Management Accountant Journal is Indexed :@1.603149:0.905048:1.934178:0.905048:1.934178:0.889752:1.603149:0.889752:0.008121:0.008810:0.008268:0.003708:0.014338:0.008104:0.008810:0.008104:0.007579:0.008268:0.013354:0.008268:0.008629:0.005693:0.003708:0.009942:0.006874:0.006874:0.008826:0.008810:0.008531:0.005529:0.008104:0.008646:0.005693:0.003708:0.005430:0.008826:0.008810:0.005840:0.008810:0.008104:0.004036:0.003708:0.004036:0.006546:0.003708:0.004380:0.008810:0.008810:0.007940:0.007153:0.008268:0.008810:0.003708 and Listed at: :@1.603149:0.917027:1.698022:0.917027:1.698022:0.901730:1.603149:0.901730:0.008104:0.008810:0.008810:0.003708:0.006939:0.004036:0.006332:0.005479:0.008268:0.008810:0.003708:0.007940:0.005693:0.004528:0.003708 Index Copernicus and J-gate :@1.698022:0.916667:1.886782:0.916667:1.886782:0.901215:1.698022:0.901215:0.004134:0.008432:0.008432:0.007497:0.007103:0.003708:0.008580:0.008416:0.008432:0.007842:0.005627:0.008432:0.003773:0.006825:0.008432:0.006382:0.003708:0.008432:0.008432:0.008432:0.003708:0.005233:0.005020:0.008432:0.008432:0.005332:0.007842:0.003708 Global Impact and Quality factor (2015):0.563:@1.603149:0.928646:1.909028:0.928646:1.909028:0.913194:1.603149:0.913194:0.010352:0.003773:0.008416:0.008432:0.008432:0.003773:0.003708:0.004134:0.012977:0.008432:0.008432:0.006825:0.005496:0.003708:0.008432:0.008432:0.008432:0.003708:0.010893:0.008432:0.008432:0.003773:0.003773:0.005496:0.007333:0.003708:0.004807:0.008432:0.006825:0.005299:0.008416:0.005627:0.003708:0.004971:0.008318:0.008318:0.008318:0.008318:0.004971:0.004397:0.008318:0.004151:0.008318:0.008318:0.008318 CONTENTS:@0.512141:0.324662:0.869548:0.324662:0.869548:0.262380:0.512141:0.262380:0.042705:0.046282:0.048983:0.043362:0.042851:0.048983:0.043362:0.040880 Activity Based :@0.266429:0.420057:0.394710:0.420057:0.394710:0.399450:0.266429:0.399450:0.012570:0.009031:0.007273:0.004993:0.009682:0.004993:0.007273:0.009704:0.004906:0.011810:0.011159:0.008445:0.010377:0.011159:0.004906 Method for :@0.278412:0.436032:0.382704:0.436032:0.382704:0.415425:0.278412:0.415425:0.018562:0.010247:0.007273:0.011159:0.011137:0.011159:0.004906:0.006361:0.011137:0.007446:0.004906 Purely Financial :@0.258917:0.452007:0.402264:0.452007:0.402264:0.431399:0.258917:0.431399:0.011224:0.011159:0.007446:0.010377:0.004993:0.009704:0.004906:0.009986:0.004993:0.011159:0.011159:0.011159:0.009031:0.004993:0.011159:0.004993:0.004906 Items:@0.303856:0.467982:0.352355:0.467982:0.352355:0.447374:0.303856:0.447374:0.005471:0.007034:0.010377:0.017172:0.008445 22:@0.381977:0.491917:0.426004:0.491917:0.426004:0.451118:0.381977:0.451118:0.022013:0.022013 28:@0.273864:0.650132:0.317891:0.650132:0.317891:0.609333:0.273864:0.609333:0.022013:0.022013 37:@0.476630:0.633167:0.520657:0.633167:0.520657:0.592367:0.476630:0.592367:0.022013:0.022013 42:@0.684476:0.628119:0.728502:0.628119:0.728502:0.587319:0.684476:0.587319:0.022013:0.022013 Application of :@0.168161:0.538237:0.295205:0.538237:0.295205:0.517629:0.168161:0.517629:0.012570:0.011159:0.011159:0.004993:0.004993:0.008879:0.011159:0.007273:0.004993:0.011137:0.011159:0.004906:0.011137:0.006621:0.004906 Activity Based :@0.167553:0.554211:0.295834:0.554211:0.295834:0.533604:0.167553:0.533604:0.012570:0.009031:0.007273:0.004993:0.009682:0.004993:0.007273:0.009704:0.004906:0.011810:0.011159:0.008445:0.010377:0.011159:0.004906 Costing in :@0.186071:0.570186:0.277316:0.570186:0.277316:0.549579:0.186071:0.549579:0.011354:0.011137:0.008206:0.007273:0.004993:0.011159:0.011159:0.004906:0.004993:0.011159:0.004906 Indian Railways - :@0.154571:0.586161:0.308795:0.586161:0.308795:0.565554:0.154571:0.565554:0.005471:0.011159:0.011159:0.004993:0.011159:0.011159:0.004906:0.011788:0.011159:0.004993:0.004993:0.015522:0.011159:0.009704:0.008445:0.004906:0.006643:0.004906 “Mission beyond:@0.156091:0.602136:0.302347:0.602136:0.302347:0.581528:0.156091:0.581528:0.009096:0.018562:0.004993:0.008445:0.008445:0.004993:0.011137:0.011159:0.004906:0.011159:0.010203:0.009704:0.011137:0.011159:0.011159 Book-keeping”:@0.165621:0.618111:0.292882:0.618111:0.292882:0.597503:0.165621:0.597503:0.011810:0.011137:0.011137:0.009075:0.006643:0.009140:0.010377:0.010377:0.011159:0.004993:0.011159:0.011159:0.009096 COVER STORY:@0.506111:0.432234:0.873524:0.432234:0.873524:0.382468:0.506111:0.382468:0.033360:0.036154:0.034443:0.033474:0.039861:0.014256:0.031934:0.033873:0.036154:0.039861:0.034044 INSIDE:@0.597124:0.388258:0.783083:0.388258:0.783083:0.338492:0.597124:0.338492:0.022639:0.038264:0.031934:0.022639:0.037009:0.033474 Pivoting Business :@0.380094:0.548266:0.536228:0.548266:0.536228:0.527659:0.380094:0.527659:0.011224:0.004993:0.009552:0.011137:0.007273:0.004993:0.011159:0.011159:0.004906:0.011810:0.011159:0.008445:0.004993:0.011159:0.010377:0.008445:0.008445:0.004906 Growth with :@0.400718:0.564241:0.515604:0.564241:0.515604:0.543633:0.400718:0.543633:0.013699:0.007446:0.011028:0.015522:0.007273:0.011159:0.004906:0.015522:0.004993:0.007273:0.011159:0.004906 Activity Based :@0.394031:0.580216:0.522312:0.580216:0.522312:0.559608:0.394031:0.559608:0.012570:0.009031:0.007273:0.004993:0.009682:0.004993:0.007273:0.009704:0.004906:0.011810:0.011159:0.008445:0.010377:0.011159:0.004906 Budgeting:@0.410639:0.596191:0.500776:0.596191:0.500776:0.575583:0.410639:0.575583:0.011810:0.011159:0.011159:0.011159:0.010269:0.007273:0.004993:0.011159:0.011159 Activity Based :@0.592368:0.567308:0.720649:0.567308:0.720649:0.546701:0.592368:0.546701:0.012570:0.009031:0.007273:0.004993:0.009682:0.004993:0.007273:0.009704:0.004906:0.011810:0.011159:0.008445:0.010377:0.011159:0.004906 Costing in Indian :@0.580884:0.583283:0.732133:0.583283:0.732133:0.562675:0.580884:0.562675:0.011354:0.011137:0.008206:0.007273:0.004993:0.011159:0.011159:0.004906:0.004993:0.011159:0.004906:0.005471:0.011159:0.011159:0.004993:0.011159:0.011159:0.004906 Banks:@0.627928:0.599258:0.680183:0.599258:0.680183:0.578650:0.627928:0.578650:0.011810:0.011159:0.011159:0.009682:0.008445 Editorial:@1.081644:0.770639:1.154718:0.770639:1.154718:0.750031:1.081644:0.750031:0.010203:0.011159:0.004993:0.006990:0.011137:0.007446:0.004993:0.011159:0.004993 President's Communiqué:@1.081644:0.786613:1.298846:0.786613:1.298846:0.766006:1.081644:0.766006:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.004906:-0.004906:0.011224:0.007446:0.010377:0.008445:0.004993:0.011159:0.010377:0.010920:0.007273:0.004798:0.008445:0.004906:0.011354:0.011137:0.017172:0.017172:0.011159:0.011159:0.004993:0.011159:0.011159:0.010377 Chairman's Communiqué:@1.081644:0.802588:1.302233:0.802588:1.302233:0.781981:1.081644:0.781981:0.011354:0.011159:0.011159:0.004993:0.007446:0.017172:0.011159:0.011159:0.004798:0.008445:0.004906:0.011354:0.011137:0.017172:0.017172:0.011159:0.011159:0.004993:0.011159:0.011159:0.010377 ICAI-CMA Snapshots:@1.081666:0.818563:1.260182:0.818563:1.260182:0.797956:1.081666:0.797956:0.005471:0.011354:0.012570:0.005471:0.006643:0.011354:0.018562:0.012570:0.004906:0.009813:0.011159:0.011159:0.011028:0.008445:0.011159:0.011137:0.007273:0.008445 Institute News :@1.081666:0.834538:1.212617:0.834538:1.212617:0.813930:1.081666:0.813930:0.005471:0.011159:0.008206:0.007273:0.004993:0.007273:0.011159:0.007034:0.010377:0.004906:0.014003:0.010225:0.015522:0.008445:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.004906 Tax Updates:@1.081666:0.850513:1.189149:0.850513:1.189149:0.829905:1.081666:0.829905:0.008727:0.011159:0.009400:0.004906:0.013937:0.011159:0.011159:0.011159:0.007056:0.010377:0.008445 From the Research Desk :@1.081666:0.866488:1.296958:0.866488:1.296958:0.845880:1.081666:0.845880:0.009682:0.007446:0.011137:0.017172:0.004906:0.007273:0.011159:0.010377:0.004906:0.011397:0.010377:0.008445:0.010377:0.011159:0.007446:0.009031:0.011159:0.004906:0.013351:0.010377:0.008445:0.009878:0.000000:0.004906 06:@1.439024:0.771661:1.461037:0.771661:1.461037:0.751053:1.439024:0.751053:0.011007:0.011007 08 :@1.439024:0.787636:1.465944:0.787636:1.465944:0.767028:1.439024:0.767028:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.011007:0.011007:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.004906 13 :@1.439024:0.803611:1.465944:0.803611:1.465944:0.783003:1.439024:0.783003:0.011007:0.011007:0.004906 14:@1.439024:0.819586:1.461037:0.819586:1.461037:0.798978:1.439024:0.798978:0.011007:0.011007 104:@1.428017:0.835560:1.461037:0.835560:1.461037:0.814953:1.428017:0.814953:0.011007:0.011007:0.011007 111 :@1.428017:0.851535:1.465944:0.851535:1.465944:0.830928:1.428017:0.830928:0.011007:0.011007:0.011007:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.004906 116 :@1.428017:0.867510:1.465944:0.867510:1.465944:0.846903:1.428017:0.846903:0.011007:0.011007:0.011007:0.000000:0.004906 Rewarding Talents: :@1.081649:0.142122:1.238145:0.142122:1.238145:0.123510:1.081649:0.123510:0.010448:0.009811:0.014010:0.009532:0.006667:0.010448:0.004577:0.010448:0.009373:0.004497:0.008139:0.009532:0.004577:0.009910:0.010249:0.006667:0.007781:0.005333:0.004497 Recognizing, Positioning and :@1.081649:0.156765:1.315796:0.156765:1.315796:0.138153:1.081649:0.138153:0.010448:0.009910:0.008239:0.010487:0.009373:0.010448:0.004577:0.007861:0.004577:0.010448:0.009592:0.004975:0.004497:0.009871:0.010487:0.007781:0.004577:0.006667:0.004577:0.010487:0.010448:0.004577:0.010448:0.009373:0.004497:0.009532:0.010448:0.010448:0.004497 Showing up results:@1.081649:0.171409:1.234026:0.171409:1.234026:0.152797:1.081649:0.152797:0.009154:0.010448:0.010487:0.014229:0.004577:0.010448:0.009373:0.004497:0.010448:0.010448:0.004497:0.006607:0.009910:0.007781:0.010448:0.004577:0.006667:0.007781 HR:@1.102769:0.104422:1.149791:0.104422:1.149791:0.072529:1.102769:0.072529:0.023511:0.023511 Internal Financial Controls: :@1.083317:0.288350:1.303991:0.288350:1.303991:0.269738:1.083317:0.269738:0.005015:0.010269:0.006448:0.009910:0.006945:0.010448:0.009532:0.004577:0.004497:0.009154:0.004577:0.010448:0.009532:0.010448:0.008418:0.004577:0.009532:0.004577:0.004497:0.010607:0.010487:0.010229:0.006667:0.006607:0.010487:0.004577:0.007781:0.005333:0.004497 Some Observations:@1.083317:0.302994:1.239594:0.302994:1.239594:0.284382:1.083317:0.284382:0.009154:0.010487:0.015900:0.009910:0.004497:0.013174:0.010448:0.007781:0.009910:0.007005:0.008696:0.009353:0.006667:0.004577:0.010487:0.010448:0.007781 Companies Act:@1.103981:0.248279:1.323007:0.248279:1.323007:0.216385:1.103981:0.216385:0.023511:0.018106:0.027126:0.018106:0.018106:0.018106:0.007229:0.018106:0.016282:0.007294:0.021720:0.016282:0.009053 Motivation and Concern for Use of :@1.081649:0.424385:1.365427:0.424385:1.365427:0.405773:1.081649:0.405773:0.017015:0.010487:0.006667:0.004577:0.008696:0.009353:0.006667:0.004577:0.010487:0.010448:0.004497:0.009532:0.010448:0.010448:0.004497:0.010607:0.010487:0.010448:0.008418:0.009910:0.006945:0.010448:0.004497:0.005672:0.010487:0.006945:0.004497:0.012776:0.007781:0.009910:0.004497:0.010487:0.006070:0.004497 Financial Derivatives:@1.081649:0.439029:1.246782:0.439029:1.246782:0.420417:1.081649:0.420417:0.009154:0.004577:0.010448:0.009532:0.010448:0.008418:0.004577:0.009532:0.004577:0.004497:0.012239:0.009910:0.006945:0.004577:0.008637:0.009353:0.006667:0.004577:0.008776:0.009910:0.007781 Financial Management:@1.102769:0.389545:1.432155:0.389545:1.432155:0.357651:1.102769:0.357651:0.019897:0.007229:0.018106:0.018106:0.018106:0.016282:0.007229:0.018106:0.007229:0.009053:0.027126:0.018106:0.018106:0.018106:0.018106:0.018106:0.027126:0.018106:0.018106:0.009053 Section 49 of the :@1.544336:0.142954:1.685748:0.142954:1.685748:0.124342:1.544336:0.124342:0.009154:0.009910:0.008418:0.006667:0.004577:0.010487:0.010448:0.004497:0.010089:0.010089:0.004497:0.010487:0.006070:0.004497:0.006667:0.010448:0.009910:0.004497 Indian Partnership Act, 1932:@1.544336:0.157597:1.773448:0.157597:1.773448:0.138985:1.544336:0.138985:0.005015:0.010448:0.010448:0.004577:0.009532:0.010448:0.004497:0.009871:0.009532:0.006945:0.006667:0.010448:0.009910:0.006587:0.007781:0.010448:0.004577:0.010448:0.004497:0.011522:0.008418:0.006667:0.004975:0.004497:0.010089:0.010089:0.010089:0.010089 Indian Partnership Act:@1.565002:0.102882:1.883609:0.102882:1.883609:0.070988:1.565002:0.070988:0.009053:0.018106:0.018106:0.007229:0.018106:0.018106:0.009053:0.021720:0.018106:0.010844:0.009053:0.018106:0.018106:0.010844:0.016282:0.018106:0.007229:0.018106:0.007294:0.021720:0.016282:0.009053 Aftermarket audit :@1.544336:0.262613:1.693111:0.262613:1.693111:0.244001:1.544336:0.244001:0.011522:0.006070:0.006448:0.009910:0.006945:0.015900:0.009532:0.006945:0.008378:0.009791:0.006667:0.004497:0.009532:0.010448:0.010448:0.004577:0.006667:0.004497 to gain Competitive Leadership:@1.544336:0.277257:1.794761:0.277257:1.794761:0.258645:1.544336:0.258645:0.006468:0.010487:0.004497:0.008995:0.009532:0.004577:0.010448:0.004497:0.010607:0.010487:0.015900:0.010448:0.009811:0.006667:0.004577:0.006667:0.004577:0.008776:0.009910:0.004497:0.008358:0.009910:0.009532:0.010448:0.009910:0.006587:0.007781:0.010448:0.004577:0.010448 Audit:@1.565002:0.223561:1.639215:0.223561:1.639215:0.191668:1.565002:0.191668:0.021720:0.018106:0.018106:0.007229:0.009053 GST - Electronic-Way Bill :@1.544336:0.518103:1.745309:0.518103:1.745309:0.499491:1.544336:0.499491:0.012557:0.008995:0.009691:0.004497:0.006089:0.004497:0.009711:0.004577:0.009910:0.008418:0.006667:0.006607:0.010487:0.010448:0.004577:0.008418:0.006089:0.017015:0.009154:0.009015:0.004497:0.010826:0.004577:0.004577:0.004577:0.004497 Major Hurdle in Ease of Doing Business:@1.544336:0.532746:1.859378:0.532746:1.859378:0.514134:1.544336:0.514134:0.017015:0.009532:0.004756:0.010487:0.006945:0.004497:0.012398:0.010448:0.006686:0.010448:0.004577:0.009910:0.004497:0.004577:0.010448:0.004497:0.009373:0.009532:0.007781:0.009910:0.004497:0.010487:0.006070:0.004497:0.012239:0.010487:0.004577:0.010448:0.009373:0.004497:0.010826:0.010448:0.007781:0.004577:0.010448:0.009910:0.007781:0.007781 GST:@1.565002:0.479051:1.631954:0.479051:1.631954:0.447157:1.565002:0.447157:0.025335:0.021720:0.019897 Reflection of Firm’s Performance through :@1.544336:0.384757:1.881288:0.384757:1.881288:0.366145:1.544336:0.366145:0.010448:0.009731:0.006070:0.004577:0.009910:0.008418:0.006667:0.004577:0.010487:0.010448:0.004497:0.010487:0.006070:0.004497:0.009154:0.004577:0.006945:0.015900:0.003721:0.007781:0.004497:0.009890:0.009910:0.006945:0.005632:0.010487:0.006945:0.015900:0.009532:0.010448:0.008418:0.009910:0.004497:0.006667:0.010448:0.006607:0.010487:0.010448:0.009373:0.010448:0.004497 Return on Equity – :@1.544336:0.399401:1.698524:0.399401:1.698524:0.380789:1.544336:0.380789:0.010448:0.009791:0.006667:0.010448:0.006945:0.010448:0.004497:0.010487:0.010448:0.004497:0.009453:0.010448:0.010448:0.004577:0.006667:0.009015:0.004497:0.009910:0.004497 A study on Sensex :@1.698524:0.398947:1.846223:0.398947:1.846223:0.380056:1.698524:0.380056:0.011522:0.004497:0.007522:0.006667:0.010229:0.010229:0.008895:0.004497:0.010209:0.010229:0.004497:0.008995:0.009512:0.010229:0.007741:0.009114:0.008617:0.004497 Companies in India:@1.544336:0.413590:1.697290:0.413590:1.697290:0.394700:1.544336:0.394700:0.010408:0.010209:0.015741:0.010229:0.010229:0.010229:0.004577:0.009512:0.007741:0.004497:0.004577:0.010229:0.004497:0.005015:0.010229:0.010229:0.004577:0.010229 Capital Market:@1.565002:0.345705:1.774910:0.345705:1.774910:0.313811:1.565002:0.313811:0.023511:0.018106:0.018106:0.007229:0.009053:0.018106:0.007229:0.009053:0.027126:0.018106:0.010844:0.016282:0.018106:0.009053 54:@1.427444:0.163592:1.455608:0.163592:1.455608:0.138786:1.427444:0.138786:0.014082:0.014082 86:@1.898968:0.149521:1.927133:0.149521:1.927133:0.124714:1.898968:0.124714:0.014082:0.014082 91:@1.898411:0.270197:1.926575:0.270197:1.926575:0.245391:1.898411:0.245391:0.014082:0.014082 96:@1.898411:0.392346:1.926575:0.392346:1.926575:0.367540:1.898411:0.367540:0.014082:0.014082 102:@1.890534:0.525696:1.932781:0.525696:1.932781:0.500890:1.890534:0.500890:0.014082:0.014082:0.014082 59:@1.427368:0.290288:1.455532:0.290288:1.455532:0.265482:1.427368:0.265482:0.014082:0.014082 63:@1.429166:0.427571:1.457330:0.427571:1.457330:0.402765:1.429166:0.402765:0.014082:0.014082 Skill Development for Nation Building:@1.082322:0.556480:1.383911:0.556480:1.383911:0.537868:1.082322:0.537868:0.009154:0.009055:0.004577:0.004577:0.004577:0.004497:0.012239:0.009751:0.008796:0.009910:0.004577:0.010487:0.010448:0.015900:0.009910:0.010249:0.006667:0.004497:0.005652:0.010487:0.006945:0.004497:0.012856:0.009333:0.006667:0.004577:0.010487:0.010448:0.004497:0.010826:0.010448:0.004577:0.004577:0.010448:0.004577:0.010448:0.009373 Skill Development:@1.102988:0.516408:1.363566:0.516408:1.363566:0.484515:1.102988:0.484515:0.021720:0.016282:0.007229:0.007229:0.007229:0.009053:0.023511:0.018106:0.016282:0.018106:0.007229:0.018106:0.018106:0.027126:0.018106:0.018106:0.009053 Analysis of Financial Statements :@1.081649:0.674651:1.344253:0.674651:1.344253:0.656039:1.081649:0.656039:0.011522:0.010448:0.009532:0.004577:0.008816:0.007781:0.004577:0.007781:0.004497:0.010487:0.006070:0.004497:0.009154:0.004577:0.010448:0.009532:0.010448:0.008418:0.004577:0.009532:0.004577:0.004497:0.009154:0.006388:0.009353:0.006448:0.009910:0.015900:0.009910:0.010249:0.006667:0.007781:0.004497 in the Sugar Industry:@1.081649:0.689295:1.248812:0.689295:1.248812:0.670683:1.081649:0.670683:0.004577:0.010448:0.004497:0.006667:0.010448:0.009910:0.004497:0.009154:0.010448:0.008995:0.009532:0.006945:0.004497:0.005015:0.010448:0.010448:0.010448:0.007562:0.006667:0.006945:0.009015 Case Study:@1.102769:0.636953:1.271093:0.636953:1.271093:0.605059:1.102769:0.605059:0.023511:0.018106:0.016282:0.018106:0.009053:0.021720:0.009053:0.018106:0.018106:0.016282 74:@1.429153:0.547949:1.457318:0.547949:1.457318:0.523143:1.429153:0.523143:0.014082:0.014082 76:@1.427380:0.681896:1.455545:0.681896:1.455545:0.657089:1.427380:0.657089:0.014082:0.014082 www.:@0.798205:0.974748:0.850416:0.974748:0.850416:0.957721:0.798205:0.957721:0.015775:0.015775:0.015775:0.004885 Ma:@0.406839:0.977956:0.432040:0.977956:0.432040:0.962673:0.406839:0.962673:0.015974:0.009226 The Mana:@0.122650:0.977954:0.206086:0.977954:0.206086:0.962671:0.122650:0.962671:0.011452:0.011452:0.009009:0.004740:0.015974:0.010131:0.011452:0.009226 l:@0.382870:0.976735:0.397343:0.976735:0.397343:0.966042:0.382870:0.966042:0.014473