Date:04/05/2005 URL: http://www.thehindubusinessline.com/2005/05/04/stories/2005050400350801.htm

Back Rendering good service

This refers to the article "Go beyond the `revenue minus cost equals profit' mindset" (Business Line, April 21), which draws a comparison between the ICWA and CA.

I would like to mention a few areas where cost accountants are specialists and are rendering commendable service to the industry and the country — contribution analysis of product for each industry in which they are employed, cost-benefit analysis, product mix, yield analysis of products, cost audits, and excise audits.

In fact, these are only a handful of services out of the large pool rendered by cost accountants, which are acknowledged and appreciated by industrialists and bureaucrats.

T. N. Sivasubramanian

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