CAS a Must for Cost Competitiveness: Evidence from Some Companies

Authors

  • Ujjwal Das Assam University, Silchar
  • A. L. Ghosh Assam University, Silchar

DOI:

https://doi.org/10.33516/maj.v49i8.27-30p

Abstract

High net worth companies follow the cost accounting standard and that is why they are able to manage costs better than other companies. To be cost competitive in the market, company should provide delicious quality of products at comparatively lesser cost as compared to other competitors. It will help to amplify the competitive capability of individual firms by taking advantage of obtainable resources efficiently and successfully. An economy like Japan has experienced the evolution of cost accounting standards as a part of the pre and post world war build up of economic revival.

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Published

2014-08-01

How to Cite

Das, U., & Ghosh, A. L. (2014). CAS a Must for Cost Competitiveness: Evidence from Some Companies. The Management Accountant Journal, 49(8), 27–30. https://doi.org/10.33516/maj.v49i8.27-30p

Issue

Section

Cover Story

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