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Soral, G.
- Developing an ABC Model:A Case Study of Indian Company
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Authors
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1 Sir Padampat Singhania University, Udaipur, IN
2 UCCMS, Mohanlal Sukhadia University, Udaipur, IN
3 Indian School of Mines (ISM), Dhanbad, IN
1 Sir Padampat Singhania University, Udaipur, IN
2 UCCMS, Mohanlal Sukhadia University, Udaipur, IN
3 Indian School of Mines (ISM), Dhanbad, IN
Source
Abhigyan, Vol 34, No 2 (2016), Pagination: 66-79Abstract
Cost is the important part of decision making process and its contribution cannot be ruled out. Traditional cost accounting techniques deal with the traditional measures of cost control. Overheads are the black spots which cannot be deciphered and inferred easily. Measuring the overheads is one of the major areas of concern for modern firm in current situation. Each and every organisation requires customized information in their day to day decision making process. In addition, the precised and fast information adds value to the managerial decision making inputs. However, the traditional accounting system is not potent enough to mitigate the current crisis. Activity based costing preserves the potency to deal with the overheads and acts more like a performance management tool. The proliferating acceptance of ABC in manufacturing industries across the nations applauds the supremacy of the model and justifies its applicability in Indian contexts. This study attempts to design a framework of an ABC model which would meet the requirements of industries pertaining to the cost information for improving the managerial decision and gaining organizational productivity and enduring sustainability. The study presented in the paper validates the robustness of ABC Model in Indian context under the current scenario.Keywords
Traditional Cost Accounting System, ABC, Cost Drivers, Activity Dictionary, Cost Objects.
- Impact of IND as on Accounting Numbers: An Analytical Study in Context of Indian Companies
Abstract Views :209 |
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Authors
Affiliations
1 Research Fellow, Department of Accountancy and Business Statistics, Mohanlal Sukhadia University, Udaipur, Rajasthan, IN
2 Post Doctoral Fellow, Department of Accountancy and Business Statistics, Mohanlal Sukhadia University, Udaipur, Rajasthan, IN
3 Formerly Professor & Head, Department of Accountancy and Business Statistics, Mohanlal Sukhadia University, Udaipur, Rajasthan, IN
1 Research Fellow, Department of Accountancy and Business Statistics, Mohanlal Sukhadia University, Udaipur, Rajasthan, IN
2 Post Doctoral Fellow, Department of Accountancy and Business Statistics, Mohanlal Sukhadia University, Udaipur, Rajasthan, IN
3 Formerly Professor & Head, Department of Accountancy and Business Statistics, Mohanlal Sukhadia University, Udaipur, Rajasthan, IN
Source
Journal of Commerce and Accounting Research, Vol 11, No 4 (2022), Pagination: 54-61Abstract
This paper tries to examine the impact of Ind AS on some accounting numbers and also to examine if there is any statistically significant difference among the prevailing opinions regarding Ind AS adoption in India. We took the top 45 companies from the Bombay Stock Exchange, according to their market capitalisation, and excluded banking, non-banking financial companies, and insurance companies due to non-availability of data, and made a questionnaire for opinion survey. We applied paired t-test on the secondary data and a chi-square test on the primary data. No statistically significant difference was found in the accounting numbers after the adoption of Ind AS. Results also revealed that there is homogeneity in the opinion of respondents with different work experiences and occupations regarding the impact of Ind AS on accounting numbers. Indian companies should provide more disclosure in their financial statements, so that the informational content of accounting numbers can be increased.Keywords
IND AS, IFRS, Accounting Numbers, Profitability Ratios, Liquidity Ratios.References
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