| REGIONAL ACTIVITY
Presentations were made by Mr Sandeep
Shrivastava of CII Environment Management Division on
Concepts & Implementation of ISO 14001 while Mr
Ajay Sachdev of UL India Pvt Ltd presented the "Role
of Certifying Bodies" in implementation of ISO
14001.
Mr Deepak Yadav, Manager & Mr Pradeep
Hatgaonkar, Deputy Manager of Sandhar Locking Devices,
made interesting presentations on the Implementation
of ISO 14001 and shared their "Successful Experiences"
. They also shared their experience in Sensor Installation
for water reservation, Re-circulation of water, Rain
Water Harvesting, Plantation and Greenery, Training
on First Aid to the Workers and achievements in their
cost cutting drive on electrical and diesel consumption
through the implementation of ISO 14001.
This was followed by an excellent visit to the Sandhar
Locking Plant.
Sandhar Locking's Policy on ISO 14001 for members'
reference and information:
SEMINAR ON COSTING & COST MANAGEMENT :
18TH AUGUST 2001, NEW DELHI
|
The
Department of Company Affairs (GOI), recently
introduced Cost Accounting Rules for all types
of Automotive Parts and Accessories. It is mandatory
for the auto component industry to maintain these
Records. |
Mr Munjal & to his left Mr Chandra Wadhwa, Member
Counsil ICWAI |
A Seminar was organised jointly with
the Institute of Cost & Works Accountants of India
(ICWAI) to create awareness of the new development among
members and help to know and understand the procedures
of Costing & Cost Management.
Mr. Yogesh Munjal, ACMA EC Member &
MD Munjal Showa, chaired the Seminar. After welcoming
the Speakers, ICWAI personnel and participants, Mr Munjal
briefed those present on the current industry scenario
and the impact of the removal of Quantitative Restrictions
on industry. He also mentioned that this was the first
Seminar held in the new ACMA Office, in Munirka, where
the ACMA Headquarters, shifted recently.
Speakers were : Mr B S Ramaswamy, Cost
Accountant & (Retd.) Additional Secretary, Government
of India; Mr O P Agarwal, Chief General Manager, IFCI;
Mr Chandra Wadhwa, Central Council Member, ICWAI; Mr
H Pothiraj, Joint Director Cost Accounts Branch, Ministry
of Finance, Govt. of India and Mr I P Singh, Joint Director
Cost Audit Branch, Dept. of Company Affairs, Govt. of
India.
Presentations covered a broad spectrum of topics:
Introduction of Costing System the concepts, system
methods and Techniques and Cost Sheet
| • Alternative
Source of Financing Venture capital, Commercial
papers, factoring & new other Instruments
• Cost Reduction capacity utilisation,
make or buy decisions, pricing decision, optimising
product mix, inventory management, cash and debtors
management, etc.
• Cost Accounting Records Rules (for Automotive
Parts & Accessories)
|
Mr Munjal & to his left Mr Chandra Wadhwa, Member
Counsil ICWAI |
The encouraging feedback from participants
said the Seminar was useful and informative. There were
requests for another seminar to discuss further the
implementation of Cost Accounting Records.
Mr D C Bajaj, Immediate Past President
of ICWAI joined the Seminar and talked of the advantages
and benefits that would accrue to a company maintaining
Cost Accounting Records.
Taking the bull by the horns earlier
on, it had been decided that This programme would be
held in ACMA 's new Board - room which comfortably seats
40 persons. An overwhelming response from the membership
forced the Northern Region Secretary to freeze the list
on the count of 45. A second seminar, therefore, on
the same lines, has been planned for mid September 2001.
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