Cost Accounting Standards

Cost Accounting Standards
CAS No	Title	Objective	Useful for
CAS1(Final)	Classification of Cost	For preparation of Cost Statements	Assessment of excise duty and other taxes, anti-dumping measures, transfer pricing etc.
CAS2(Final)	Capacity Determination	For determination of capacity	Proper allocation, apportionment and absorption of cost.
CAS3(Final)	Overheads	For Collection, Allocation, Apportionment and Absorption of overheads	Determining Cost of products, services or activities
Revised CAS3(Exposure Draft)	Overheads	To bring uniformity and consistency in the principles and methods of determining the Overheads with reasonable accuracy.	Determining the Overheads with reasonable accuracy.
CAS4(Final)	Cost of Production for Captive Consumption	To determine the assessable value of excisable goods used for captive consumption.	Determining Cost of products, services or activities
CAS5(Final)	Average (equalized) Cost of Transportation	To determine averaged/equalized transportation cost	Calculating the amount of deduction from assessable value of excisable goods, freight subsidy, Insurance claim valuation, etc
CAS6(Final)	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.	Applicable to all cost statements which require measurement, assignment,   classification   and presentation of material costs. To be followed in all cost statements requiring assurance including attestation.
CAS7(Final)	Employee Cost	To bring uniformity and consistency in the principles and methods of determining the Employee cost with reasonable accuracy.	Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Employee cost including those requiring attestation
CAS8(Final)	Cost of Utilities	To bring uniformity and consistency in the principles and methods of determining the Cost of Utilities with reasonable accuracy.	Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Cost of Utilities including those requiring attestation
CAS9(Final)	Packing Material Cost	To bring uniformity and consistency in the principles and methods of determining the Packing Material Cost with reasonable accuracy.	Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Packing Material Cost including those requiring attestation
CAS10(Final)	Direct Expenses	To bring uniformity and consistency in the principles and methods of determining the Direct Expenses with reasonable accuracy.	Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Direct Expenses including those requiring attestation
CAS11 (Final)	Administrative Overheads	To bring uniformity and consistency in the principles and methods of determining the Administrative Overheads with reasonable accuracy.	Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Administrative Overheads including those requiring attestation
CAS12 (Final)	Repairs And Maintenance Cost	To bring uniformity and consistency in the principles and methods of determining the Repairs and Maintenance Cost with reasonable accuracy.	Applicable to cost statements which require classification, measurement, assignment, presentation and disclosure of Repairs and Maintenance Cost including those requiring attestation
CAS13 (Final)	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.	Applicable to the preparation and presentation of cost statements, which require classification, measurement and assignment of Cost of Service Cost Centre, including those requiring attestation

Source: http://www.icwai.org/icwai/members-resources.asp?type=CAS

CA PCC Auditing November 2010 Exam Solved Question Paper

CA PCC Auditing November 2010 Exam Solved Question Paper – Download
Source : jainclassesonline.com

Procedure for Submitting Online Exam form for ICWA CAT : ICWAI NEWS

1. Obtain Demand Draft in favour of ‘ICWAI A/C CAT’ payable at New Delhi for Rs. 730 (without late fee)/ Rs. 830 (with late fee of Rs. 100) as the case may be.
2. Keep the latest Passport size Photo of the candidate.
3. Enter the enrollment no. of the candidate in such a way that it contains 4 digit e.g. If the candidate enrollment no. is CATNR/122 enter CATNR/0122 and if the enrollment no. is CATSR/125 enter CATNR/0125 and if the enrollment no. is CATWR/126 enter CATWR/0126 and if the enrollment no. is CATER/127 enter CATER/0127.
4. Enter the relevant level for which you want to appear.
5. Fill all the columns in the application as per the instructions given therein.
6. Fill the payment details and click on Add button before clicking on submit button.
7. After filling all the information click submit button. and wait for the screen with Control No and link for printing the filled application form.
8. Take a print out of the filled Application form and fill the payment details, affix passport size photo and sign on the declaration.
9. Indiacte the Registration No./ and Control No. on the back side of the DD.
10. Send the printed filled form with the enclosures like Demand Draft and photo to ‘The Institute of Cost and Works Accountantas of India, ICWAI Bhawan, CAT Directorate,  4th Floor, 3 Institutional Area, Lodhi Road, New Delhi-110003’.

Click here to submit ICWA CAT December 2010 Exam Form Online .