CASB

Major announcements by Cost Accounting Standards Board:

• 25 Cost Accounting Standards
• Generally Accepted Cost Accounting Principles
• 13 Guidance Notes on CAS & others

• The Council of the Institute issues clarification on the Cost Accounting Standard on Valuation of Inventory (CAS-25).New
• The Council of the Institute issues the Cost Accounting Standard on Valuation of Inventory (CAS-25) effective from 12th February 2026 for being applied for the preparation and certification of Cost Accounting Statements. New
• Cost Accounting Standards Board of ICMAI releases Technical Guide on Cost Management in Healthcare Services
• Guidance Note on Inventory Valuation under the Income Tax Act, 1961 is available for sale.
• CASB of the Institute releases advisory on the Treatment of Various Items of Cost in light of the COVID19 Pandemic for the year 2020-21.
• CASB of the Institute releases advisory on the Treatment of Various Items of Cost in light of the COVID19 Pandemic

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CMA Preeti Kothari
Officer
Cell: +91 9711408043

Shri Pranav Sharma
Assistant Director
Cell: +91 9810303343

CMA Tarun Kumar
Secretary, CAASB
Cell: +91 9717359723

The Institute of Cost Accountants of India
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Please write to us at caasb@icmai.in