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Concept of Cost Accounting & Objectives of Cost Accounting | CS Executive CONCEPT OF COST ACCOUNTING - CS EXECUTIVE  The term Cost is a very common word in our daily lives. More specifically we used it to signify something that we incur to take in back a benefit, maybe goods or services or anything. As we say everything comes at a cost. Even in  accounting , the concept of cost is referred to as the amount that has to be paid or given to get something in return. In other words, the cost is the number of resources either monetary or otherwise, given in exchange for some goods or services.   DEFINITION - CONCEPT OF COST ACCOUNTING The Chartered Institute of  Management Accountants  (CIMA), London defines cost as “the amount of expenditure (actual or notional) incurred on or attributable to a specified thing or activity”. The concept of cost is wide enough to include anything and everything that is put in to derive an output. Say, for instance, the electronic gadget you are using righ

About the  CS Executive Company Law : The  Companies Act  is mammoth legislation. The  Companies Act, 1956  was one of the lengthiest Act with 658 Sections which was repealed by The  Companies Act 2013  containing 470 Sections. The new Act was a need of the hour as the 50 years old law required a new structure with added perspectives. It Act is nothing but all about companies since its incorporation till its winding up. In spite of several sections to understand this statue, we just need to understand a few basic principles.   Structure: In legal sense, Company is a business association. A group of persons associate themselves to conduct a business under a common name. They invest their amounts into business under a common named entity, by way of subscription of shares. They appoint personnel to look after and direct the business, known well as Directors. When the business makes a profit, it is distributed to the holders of the share. In case of losses, the holders of share are held re

Case Study Writing - CS Executive JIGL How to Write Case Study in Jurisprudence? In today's video, we are going to discuss an important topic of CS Executive i.e How to write a case study in Jurisprudence . There are some important points that a student needs to keep in mind while answering or writing a case study in jurisprudence. You have to understand why you are writing a case study every examiner wants to know the Real Solution for the given case in the exam. Before watching this full video, I'm mentioning some important points which every CS Executive student might remember while writing a case study - 1. Analytical Study 2. Jot down all important points 3. Read the question carefully 4. Relate the answer to the question   Case Study Writing in Jurisprudence comes under CS Executive  Jurisprudence, Interpretation and General Laws   Video Lectures.   The paper comprises of three parts, specifically  Jurisprudence, Interpretation, and General Laws . Law is the investig

SETTING UP OF BUSINESS ENTITIES AND CLOSURE-  CS EXECUTIVE    India opened its doors for globalization and liberalization in 1991.  The Globalization of Business has become a very essential feature for any economy in the past decades.  The Industrial Policy was the turning point to the Indian Economy aiming at the goal of making the economy more market- and service-oriented and expanding the role of private and foreign investment. Though there were foreign transactions before this, it was merely to conserve our foreign exchange reserve. Until 1991, India’s economic integration with the rest of the world was very limited. Exports were only the predominant way of expanding business abroad. However, the export promotion strategies had restrictions on cash outflows. Post the industrial revolution policy in 1991, it substantially changed the foreign investment policies of the country which led foreign investments to enter Indian territory. More importantly, it also made Indians eligible to

Crash Course for 09th to 12th (All Streams) by Takshila Learning In today’s times, every aspirant whether appearing for a school exam or for any of the examinations in life needs to have a fast track method wherein he or she can get the right scores to get into the professional competitive arena. For this, we need to equip them with something that is simple and quick enough for them to get through and be eligible for the available opportunities. A  crash course  plays an important role in the final hours of preparation before the Exam. For some reason, many students cannot prepare well and they need a comprehensive guide to the  board exam . Crash course means preparing all  syllabus  in less time. This does not mean skipping the syllabus. Instead, we cover all the syllabus in a centralized way. Crash courses  are the need of the hour which has all the tips and the quick ways which can help the students get through any test or examination with a decent score. These types of courses ar

How to Prepare CS Executive Tax Laws and Practice - Tips and Tricks || CS Executive Online Classes Tax Laws and Practice – A  tax  might be characterized as ” a mandatory extraction made by the focal government from the overall population. It is a monetary charge forced on people or lawful substances by the public authority in accordance with its authoritative position. Assessment is an assortment of cash from the general population for the public reason enforceable by law and it isn’t for the installment of some other reevaluation. It is one of the significant wellsprings of income of the public authority. It assumes a significant function in the development and advancement of the nation’s economy framework and different offices.   An  income tax  is a duty that legislatures force on pay created by organizations and people inside their locale. By law, citizens must record a personal assessment form every year to decide their expense commitments. Annual expenses are a wellspring of in

 CSEET Online 2021 Exam, Eligibility, and Syllabus Detail. The  CS Executive Entrance Examination  (CSEET) is administered by the Institute of Company Secretaries (ICSI) for direct entry to the CS Executive Program. The  CS Executive Entrance Exam Test  (CSEET) will be conducted 4 times a year in May, July, November, and January. Students appearing for the 10+2 exams/who have recently appeared for the same or students, undergraduates, and postgraduates can register with  CSEET  at icsi.edu. Eligibility Criteria for CSEET 2021 Exam An applicant who has appeared/is appearing for the Senior Secondary (10 + 2) examination is eligible to appear for  CSEET . All graduates/postgraduates who have so far qualified for direct registration for the CS Executive Program are required to pass CSET to qualify for registration for the Executive Program. Concessions Applicants who have passed the CSF Foundation Program are exempted from the  CSEET  without paying a waiver fee. Candidates who have passed