Published: Oct 01, 2012
PAIB Committee Response to the Institute of Management Accountants Proposed Conceptual Framework for Managerial Costing
The PAIB Committee submitted this comment letter to the Institute of Management Accountants on its proposed Conceptual Framework for Managerial Costing. Recommendations include breaking up the document to address concerns regarding length, application of the principles to all organizations, conflicting definitions of accuracy, and a misrepresented diagram from the PAIB Committee's guidance on costing (Evaluating and Improving Costing in Organizations). The letter also includes an addendum of comments from a committee member in India with observations related to India, Pakistan, and Bangladesh.
Copyright © 2015 The International Federation of Accountants (IFAC). All rights reserved.
You must be signed in to the IFAC website in order to submit a comment. If you do not have an account, please register below. IFAC respects your privacy and will not send you unsolicited email or spam. You can subscribe to IFAC publications, change your subscription preferences, or manage your user profile at any time.