In today's competitive world, the cost efficiency has major impact on achieving competitiveness, profitability and global penetration. The standardization in the application of cost accounting practices helps in cost classification, cost allocation, price setting of products and services. The Understanding of Cost Accounting standards Developed by ICMA Pakistan and Cost Accounting Rules issued by SECP would also helpful in capacity determination and decision making. In today's stringent business environment, achieving efficiency through cost reduction becomes a major competitive edge which can help businesses enhance local market share and penetrate into global market. The cost accounting techniques and practices will also help the businesses in ensuring optimum utilization of resources and operational efficiency. Keeping in above the Certification Department under the Umbrella of Education Committee of National Council is pleased to announce the Certified in Cost Accounting Rules and Standards.

• CAS - 01- Presentation of Cost Accounting Record
• CAS - 02-Cost of Manufacturing
• CAS - 03- Cost of Material
• CAS - 04- Labour Cost
• CAS - 05- Cost of Production Overheads
• CAS - 05- Cost of Production Overheads
• CAS - 06- Production Expenses
• CAS - 07- Utilities Expenses
• CAS - 08- Transportation Expenses
• CAS - 09- Repairsand Maintenance
• CAS - 1O: Cost of Packaging Material
• CAS - 11- Research and Development Cost
• CAS - 12- Royalty and Franchise Fee
• CAS - 13- Cost of Quality Control
• CAS - 14- Depreciation and Amortisation Expense
• CAS - 15- Cost of Production for Captive Consumption
• CAS - 16- Assignment of Joint Costs
• CAS - 18- Administrative Expenses
• CAS - 19- Selling and Distribution Expenses
• CAS - 20- Financial Expenses
• CAS - 21- Cost of Environment Safeguarding
• CAS - 22- Costs' Classification
• CAS - 23- Determinants of Various Capacity Levels
• Cost Accounting Rules; SRO 1336(I)2020
• Companies (Maintenance and Audit of Cost Accounts) Regulation 2020.
• Intimation of the Commission for Appointment of Cost Auditors. Regulation 4(2)
• Cost auditors’ Report .Regulation 6(3)
• Particulars to be Included in Cost auditors’ Report to the Directors of the Company. Regulation 6 (3)
• Class of Companies .Regulation 1 (2)
• Schedule 1
• Schedule 2
• Schedule 3
• Schedule 4
• Schedule 5
• Schedule 6

• Only Fellow, Associate and newly Qualified CMA,S of ICMA Pakistan.

• Participants must achieve 50% or above in the final exam to be eligible for the award of the Certification.
• The candidates will be required to undertake a 1.5 hours computer based examination (CBE) of each level consisting of 50 MCQs of 2 marks each.
• The participants who would not be able to achieve 50% may reappear to qualify the certifications successfully.

Mode of session:

Online

CPD Hours :

40 Hours

Investment:

Rs-20,000/-