Finance Minister Calls for Prudent Expenditure Management; Asks Officers of Indian Cost Accounts Service to Upgrade Their Professional Skills and Expertise in Order to Play a Proactive Role in Assisting the Government in Achieving the Highest Level of Cost Efficiency in Its Projects, Schemes and Operations; Inaugurates the First Indian Cost Accounts Service Day https://www.taxtmi.com/news?id=14849 The Finance Minister urged ICoAS officers to upgrade professional skills to achieve highest cost efficiency in government projects, schemes and operations. ICoAS performs pricing, subsidy determination and targeting, assessment of under recoveries, allowances evaluation, user fee reviews, cost reduction studies and verification of contractual claims. Its recommendations have produced operational savings and informed decision making. By applying costing, pricing and financial analysis expertise, ICoAS can advise on subsidy rationalisation, revenue enhancement and expenditure management to support fiscal consolidation. en-us Mon, 10 Aug 2015 10:00:08 +0530 Mon, 10 Aug 2015 10:00:08 +0530 TaxTMI RSS Generator Finance Minister Calls for Prudent Expenditure Management; Asks Officers of Indian Cost Accounts Service to Upgrade Their Professional Skills and Expertise in Order to Play a Proactive Role in Assisting the Government in Achieving the Highest Level of Cost Efficiency in Its Projects, Schemes and Operations; Inaugurates the First Indian Cost Accounts Service Day https://www.taxtmi.com/news?id=14849 The Finance Minister urged ICoAS officers to upgrade professional skills to achieve highest cost efficiency in government projects, schemes and operations. ICoAS performs pricing, subsidy determination and targeting, assessment of under recoveries, allowances evaluation, user fee reviews, cost reduction studies and verification of contractual claims. Its recommendations have produced operational savings and informed decision making. By applying costing, pricing and financial analysis expertise, ICoAS can advise on subsidy rationalisation, revenue enhancement and expenditure management to support fiscal consolidation. News - Mon, 10 Aug 2015 10:00:08 +0530 https://www.taxtmi.com/news?id=14849