In the present paper, an attempt has been made to measure the shareholders' wealth in terms of Economic Value Added (EVA) for different sectors of Indian manufacturing industry. The top five wealth creator and wealth destroyer sample units have been identified on the basis of five-year average...

Inventories happens to be the largest single line item in trading firms and public utilities and the second largest item in many manufacturing firms after fixed assets. So it is very important for every company having the inventory to follow a consistent and well-devised method of inventory...

A proper disclosure of valuation of finished goods inventory is required for consistent and accurate financial statements. Accounting Standard (AS)-2 is specifically devised for this purpose. This paper makes an attempt to compare the actual prevailing practices of disclosure of cost formulae in...

The rapid growth of automation due to information technology has changed the scenario of cost structure in the manufacturing industry. The main challenge confronting the manufacturing industry is the increase in the cost of production. The main factor which contributes to the cost of production...