The current status of the Automobile industry is that it’s crying and no one is bothered to hear the same. Before we get into the platform of debate I just want to accentuate few question about how government would find or measure the true potentiality after cost audit is abolished for the industry.
The withdrawal of excise duty benefits has a devastating impact on the Indian automobile industry. Explore the long-term consequences of this policy change.
Discover the success story of TCS and how cost planning and cost management tools have played a vital role in their growth.
Avoid costly mistakes during the bull market rally in the Indian equity markets. Learn from history and take preventive steps for a successful investment journey.
Before I get into the cost management details I would like to give short introduction to the company operating in Australia. Toyota Motor Corporation Australia Ltd (TMCA) is a fully-owned subsidiary of Toyota Japan. The Australian operations commenced in 1959 with the import of the LandCruiser, and in 1963 a passenger car assembly plant, which initially produced the Tiara, was opened at Port Melbourne, in Victoria, Australia.
I don’t how much my last two articles have been eye open for the Indian government and for my cost accounting friends about the practices of the Costing Methods and Cost Management across the globe. Well in continuation to my previous series https://taxguru.in/chartered-accountant/costing-methodscost-management-automobileseries-2.html today I will the story of an economy named Kenya. Well my […]
In my second series in continuation to my previous article ‘Costing Methods/Cost Management in Turkey-Series 1′ I would be discussing about one of the researches on one of the world’s most luxury automobile company where adoption of Cost Management and Costing Methods made a stupendous turn around. The story is all about shifting of accounting […]
The Indian government under the UPA II has abolished the Cost Audit and Costing methods for various industries under ( Cost Record and Audit ) Rules -2014 . In my research I went in deep into the different countries, developed as well as emerging economies over the span of last 10 years I find the development/growth & […]
Well India has presented its Budget and billions of analysis has been already executed. Well I find that this budget would be finding a hard place to land due to the recent COST AUDIT & COSTING METHODS abolishment. Now my readers my say that extrapolating and trying to mix cost audit in everything I write. […]
Well COST AUDIT and COSTING METHODS have been abolished with the blessing of the lovers of the profession. The banking industry has undergone a sea change after the first phase of economic liberalization in 1991 and hence credit management. Well credit management in India in the recent times has been a key concern. I will […]
