Tag Archives: Cost Accounting Standards

2 new Cost Accounting Standards

CAS 23 :  Overburden Removal Cost  CAS 24 : treatment of Revenue in Cost Statements. The Institute of Cost Accountants of India (ICAI) has issued two new Cost Accounting Standards (CAS), CAS 23 and CAS 24 The standard (CAS 23) provides guidance on following matters:-   1. Principles of measurement of Overburden Removal Cost;  … Read More »