CB Bureau

Should CSR spends be counted as ‘overhead’ costs?

A recently released paper, Conceptual Issues Faced in Development of Cost Accounting Standards, released by Institute of Cost of Works Accountants of India (ICWAI) questions if expenses made towards corporate social responsibility (CSR) be included in the total costs of the company. The paper also questions if donations and gifts including political donations be included…

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Heritage in our minds

I felt mixed thoughts as I read the news that the Delhi government was looking to submit a ‘tentative document’”whatever ‘tentative’ implies in this case”to the Archaeological Survey of India (ASI) to be sent to the UNESCO so that Delhi city could be included in the ‘tentative listing’ for World Heritage City. Officially, ‘tentative document’…

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Higher enrolment ratio in universities will help generate real wealth, says HRD minister Sibal

Setting the foundation stone of the campus of IIT Patna at Bihta, on April 19, Union Minister for Human Resources Development Kapil Sibal said political parties, civil society and media must reach a consensus for formulation of policies to take forward higher education in the country. ‘Our country cannot make progress without providing education to…

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