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<h1>New CAS-14 Standard Ensures Uniform Pollution Control Cost Accounting with Clear Guidelines on Measurement and Disclosure Requirements.</h1> The Cost Accounting Standard - 14 (CAS-14) on Pollution Control Cost, issued by the Institute of Cost Accountants of India, establishes principles for determining pollution control costs. It aims to ensure uniformity and accuracy in classifying, measuring, and assigning these costs for products or services. The standard outlines definitions for various pollutants and pollution types, and prescribes methods for measuring costs, including direct and indirect costs, internal and external costs, and future remediation costs. It mandates presentation and disclosure requirements in cost statements, emphasizing transparency and accountability in pollution control cost management.