Indian Cost Accounts Service (ICoAS) Foundation Day Celebration and Its Role in Viksit Bharat
| Aspect | Details |
|---|---|
| Event | Indian Cost Accounts Service (ICoAS) Foundation Day |
| Venue | New Delhi |
| Theme | 'ICoAS @ Viksit Bharat' |
| Chief Guest | Dr. T. V. Somanathan, Finance Secretary & Secretary (Expenditure) |
| Keynote Address | Praised ICoAS officers for their dedication and impact. Released e-Book titled Indian Cost Accounts Service: An Overview. |
| Documentary | Showcased the journey and contributions of ICoAS. |
| Presentation | Emphasized the need to expand cost audit to government-subsidized entities. |
| First Session | Dr. Vivek Joshi discussed cost control in banking; launched ICoAS: Insights Magazine. Dr. S.K. Sarin spoke on liver health. |
| Second Session | Shri Rameesh Kailasam presented on digital currency. Dr. Mayank Sharma discussed strengthening professional skills. Shri B.B. Goyal gave a concluding talk. |
| Role and Functions of ICoAS | - Resource Optimization: Effective allocation, monitoring, cost control. - Revenue Assessment: Transparent assessments, combating frauds. - Pricing and Trade Practices: Fixing reasonable prices, anti-dumping measures. - Advisory Role: Advising on cost and financial management. |