https://www.taxtmi.com/acts?id=20035 CAS-11 defines Administrative Overheads as costs of general management and administration, excluding production, marketing and finance costs, and prescribes uniform principles for classification, measurement and presentation. Measurement applies relevant CAS for valuation of indirect materials, employee costs, utilities and repairs; addresses leases, software amortisation, procured services, subsidies and abnormal costs; and requires deduction of credits. Assignment must use traceability, direct or driver tracing, or allocation on cause and effect or benefits received bases. Presentation and disclosure rules mandate a separate cost head and material disclosures of assignment basis, imputed costs, related-party transactions, subsidies, recoveries, abnormal items and excluded penalties, with consistency and materiality governing changes and reporting. en-us Fri, 11 Sep 2015 17:58:49 +0530 Fri, 11 Sep 2015 17:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20035 CAS-11 defines Administrative Overheads as costs of general management and administration, excluding production, marketing and finance costs, and prescribes uniform principles for classification, measurement and presentation. Measurement applies relevant CAS for valuation of indirect materials, employee costs, utilities and repairs; addresses leases, software amortisation, procured services, subsidies and abnormal costs; and requires deduction of credits. Assignment must use traceability, direct or driver tracing, or allocation on cause and effect or benefits received bases. Presentation and disclosure rules mandate a separate cost head and material disclosures of assignment basis, imputed costs, related-party transactions, subsidies, recoveries, abnormal items and excluded penalties, with consistency and materiality governing changes and reporting. Act-Rules Companies Law Fri, 11 Sep 2015 17:58:49 +0530 https://www.taxtmi.com/acts?id=20035