May 26, 2013 2:03:20 am
Vijender Sharma,Chairman,Northern Indian Regional Council of the Institute of Cost Accountants of India discussed the vital role that a cost and management accountant has to play in the emerging scenario. He said,A cost and management accountants role starts where financial accounting ends. He needs to find out and suggest newer ways and means to the management to reduce the cost of a product or service without impairing the value to the end users,thereby increasing the revenue.
Balwinder Singh,ex central council member of ICAI,discussed the important practical aspects of cost audit report rules and also answered the queries raised by the members.
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