PPT-COST ACCOUNTING STANDARDS

CAS 2 4 6 7 8 9 10 11 amp 16 List of Cost Accounting Standards CAS No Title Effective Date Revised Date CAS 1 Classification of Cost Revised 2015 CAS 2 Capacity Determination. Material Consumed 2 Direct Wages and Salaries 3 Direct Expenses 4 Works Overheads 5 Quality Control Cost 6 Research Development Cost 7 Administrative Overheads relating to production activity 8 Total 1 to 7 9 Add Opening stock of Work in Progress COST MANAGEMENT BASICS. 1. Agenda. Accounting Overview. Financial Accounting. Budgetary Accounting. Management Accounting. Output Costs. Transfer Pricing. 2. Accounting Overview. 3. “is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management; selecting information that is relevant and representing it faithfully. The principles of accountancy are applied to accounting, bookkeeping, and auditing.. The standard was extensively revised in Dec 2003. The new title reflects the fact that the material on determining net profit or loss for the period has been transferred to IAS 1.. Mr. Barry. A-level Accounting Year 13. Frederick D. S. Choi . Gary K. Meek. Chapter 4: . COMPARATIVE . . ACCOUNTING: . The Americas and . . Asia. Learning objective:. RICHARD G. SCHROEDER . MYRTLE W. CLARK . JACK M. CATHEY. THEORY . AND. ANALYSIS: . TEXT AND CASES. 11. TH. EDITION. CHAPTER 9. LONG TERM ASSETS I: . PROPERTY, PLANT AND EQUIPMENT. Property, Plant, and Equipment. ACCOUNTING. AN ECONOMIC DEVELOPMENT. ACCUSER. OF ACCOUNTING INFORMATION . OUTING. AS AN A INFORMATION SYSTEM. FACTORES INFLUENCING ACCOUNTING ENVIRONMENT. ACCOUNTING STANDERDS . ACCOUNTING PRINCIPLE . Principles – Accounting Constraints, Concepts, Assumptions, and Principles. GAAP PowerPoint . #3. Hierarchy of Qualitative Information. Cost/Benefit. Materiality. www.fasb.org. Discussed in PPT #2. . Generally Accepted Accounting Principles. Defined as the set of accepted industry rules, practices and guidelines for financial accounting . Includes the standards, conventions, and rules accountants follow in recording and summarizing transactions, and in the preparation of financial statements. and . Conceptual Framework for Financial Reporting. ACCT-3030. 1. 1. Basic Definitions. What is accounting?. the identification, measurement, and communication of financial information. about economic entities. Definition and Governing Bodies. . GAAP PowerPoint #1. Generally Accepted Accounting Principles. Defined as the set of accepted industry rules, practices and guidelines for financial accounting . Includes the standards, conventions, and rules accountants follow in recording and summarizing transactions, and in the preparation of financial statements. . . Dr . harshdev. . verma. , department of commerce , . d.d.u.gorakhpur. university . gorakhpur. . .. By:. CMA . Pradip. . H.Desai. Cost Audit. Cost Audit is a . critical review . Undertaken . to verify the . correctness of Cost Accounts. , . A. scertain . the . accuracy of cost accounting records. Organized by : . Vasai Virar CA CPE Study Circle of . of. The Western India Regional Council of the ICAI. By- . CA Hardik Chokshi. . Presentation outline – AS 1- AS 15. PRESENTED BY : JITEN MAHENDRABHAI TRIVEDI. FCA (Gold . medalist. ) , . CS (AIR) ,. LLB ( Uni. Topper ) ,. .