Expert Details
Management Accounting, Cost Accounting, Indian Economy Scenario
ID: 724724
India
COST IS THE MOST CREATIVE ELEMENT IN ACCOUNTING. IT'S A PRIMARY DATA THAT CAN EVOLVE IN THE ACCOUNTANTS INTELLECT, AND ADD VALUE TO THE USER. MODERN COMPETITIVE POSITION HINGES ON THE ABILITY TO IDENTIFY COST IN ACTIVITIES. THIS IS HIS FOCUS AT HEART, MIND AND ACTION. HIS SPECIALISATION IN COST IDENTIFICATION IS RESULT OF HIS ATTITUDE TOWARDS THE CONCEPTS OF COST AND HE IS COMPETENT TO CLARIFY COST IN ANY COMPLEX SOCIO-ECONOMIC-POLITICAL SITUATIONS. HE HAS THE CONFIDENCE OF EXPRESSING THE COST IN PROFIT AND NON-PROFIT ORGANISATIONS/SYSTEMS WITH EQUAL EXPERTISE.
COST ACCOUNTING NEEDS TO BE COMPREHENSIVE ENOUGH TO INCORPORATE ALL DIMENSIONS OF COST AND HIS INSIGHT INTO THE SUBJECT FOR ABOUT 12 YEARS HAS BEEN INTENSIVE. HE WAS NOT ONLY INVOLVED IN PUBLICATIONS ON COSTING BUT ALSO ENGAGED IN EVOLVING CONCEPTS AND HELPING EXECUTIVES TO USE THEM. HE HAS ALSO PROVIDED TRAINING IN COSTING SYSTEMS TO EXECUTIVES IN BIG CORPORATIONS AND BEEN PART OF COST AUDIT TEAMS. COST STRUCTURING IS HIS FOCUS AREA WHICH WOULD ALSO REFLECT THE INPUTS FOR COST CONTROL.
LINKING COSTS TO THE VALUE CREATED IS THE AREA REQUIRED BY USERS. IT WOULD PROVIDE USERS OF ACCOUNTING INFORMATION, INCLUDING CORPORATIONS, A LARGE AREA OF OPERATIVE DECISIONS. THROUGH LATEST TECHNIQUES LIKE ACTIVITY BASED COSTING, BENCHMARKING, LIFE CYCLE COSTING, JUST-IN-TIME COSTING, BALANCE SCORECARD AND TARGET COSTING HE CAN ENGINEER THE COSTS OF DIFFERENT ACTIVITIES WHICH ARE HITHERTO NOT VISIBLE AND ESPECIALLY COSTS IN THE PROCESS OF ECONOMIC DEVELOPMENT, INDIA IS GOING THROUGH. FOR INVESTORS IN INDIAN ECONOMY WOULD REQUIRE COST ANALYSIS IN INDIAN CONTEXT AND HE WOULD BE ABLE TO PROVIDE COST ENGINEERING SYSTEMS TO SUCH USERS.
He has provided consulting to Escorts Equipment Corporation of India Ltd., a pvt. sector company, in establishing cost model to their fabrication unit.....established benchmarking and saved few crores of rupeesCost Audits at Power generating plants-hydroelectric power, ensuring compliance of cost audit provisions in Indian company Law
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1991 | Degree: Ph.D | Subject: Management Accounting | Institution: University of Delhi |
| Year: 1980 | Degree: FICWAI | Subject: Cost Accounting | Institution: The Institute of Cost and Works Accountants of India |
| Year: 1981 | Degree: FCS | Subject: Corporate Laws | Institution: The Institute of Company Secretaries of India |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2001 to 2006 | Employer: Dyal Singh College, University of Delhi | Title: PRINCIPAL | Department: |
Responsibilities:Head of the Institution....Academic and Administration..... |
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| Years | Employer | Title | Department |
| Years: 2001 to 2001 | Employer: Institute of Integrated Learning in Management | Title: Senior Professor | Department: Finance |
Responsibilities:Head of Finance Faculty.....post graduate teaching and managing teaching schedules and programme progress |
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| Years | Employer | Title | Department |
| Years: 1975 to 2000 | Employer: The Institute of Cost and Works Accountant of India | Title: Director | Department: Technical |
Responsibilities:Head of All Technical issues, responding to queries on Management Accounting, government queries and corporate training |
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| Years | Employer | Title | Department |
| Years: 1972 to 1995 | Employer: PGDAV COLLEGE, UNIVERSITY OF DELHI, DELHI, INDIA | Title: Senior Lecturer | Department: commerce |
Responsibilities:Teaching and counselling students, consultanices in accounting |
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Additional Experience
| Expert Witness Experience |
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| Accounting Consulting; Investment in India-procedural consulting |
Career Accomplishments
| Associations / Societies |
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| Former Executive Secretary of South Asian Federation of Accountants Fellow of the Institute of Cost & Works Accountants Fellow of the Institute of Company Secretaries of India Ex-Government Nominee to the Council of Institute of Cost and Works Accountants of India Ex-Member of the Adivisory Council of the Central Electricity Regulatory Commission |
| Licenses / Certifications |
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| Cost and Management Accountant-CMA |
| Publications and Patents Summary |
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| Presented over 20 papers at National and International Seminars |