1. Cost Accounting Standards (CAS):- 08  CAS 1 to 5 and 7 (Final) and CAS -8 TO 19. (Drafts And Amendments’ Subjects to Finalization from time to time) www.myicwai.org & www.acmas.com can be referred.

2 Basic Excise Audit, VAT Audit And Productive Audit.  Generally Accepted Cost Accounting Principles. Scope, Of Excise Audit ,VAT Audit  Procedure and Reports.Productive Audit –Meaning, Problems of Productive Audit and Means to overcome the Problems.

3 Enterprise Resource Planning (ERP)  Introduction, Features and Benefits of ERP Reason for Implementation and E–Costing.

4 Six Sigma Definitions, Importance, Scope, Benefits.

5. Study Of Journal –Management Accountant: By Reading of Journal of ICWAI-“Management Accountant” Issues From July to September (of the Respective Academic Year) and getting acquainted with recent changes and developments.