(Union Public Service Commission)

Indian Cost Accounting Service Examination

Assistant Director (Cost) Examination

The Indian Cost Accounting Service Examination is a prestigious examination conducted by the Union Public Service Commission (UPSC) in India. This examination is specifically designed to recruit qualified professionals for the role of Assistant Director (Cost) in various government departments and organizations. The Indian Cost Accounting Service (ICAS) plays a crucial role in ensuring effective cost management and financial control in government projects and enterprises.

Successful candidates in the Indian Cost Accounting Service Examination are appointed as Assistant Directors (Cost) in various government departments. As Assistant Directors, they play a vital role in formulating and implementing cost accounting policies, ensuring efficient financial management, and conducting audits to enhance accountability.

No. of Vacancy


Last Date

14 March, 2024




2 Years

Educational Qualification

A qualification recognized for enrolment in the Register of Members of the Institute of Chartered Accountants of India or of the Institute of Cost Accountants of India. Clarification- Candidates are eligible for enrolment in the register of Member of the respective Institute after they have passed the Final examination of Chartered Accountancy or of Cost Accountancy conducted by the respective Institute.

Note 1- Qualifications are relaxable at the discretion of the Union Public Service Commission for reason to be recorded in writing in case of candidates otherwise well qualified.
Note 2- Recruitment to the post of Assistant Director (Cost) shall be made by direct recruitment on the basis of selection to be made by the Commission.
Note 3- The crucial date for determining the age limit shall be advertised by Union Public Service Commission for receipt of applications from candidates in India.


Not exceeding 35 years as on normal closing date. Not exceeding 38 years for Other Backward Class Candidates as on normal closing date in respect of vacancies reserved for them. Not Exceeding 40 years for Scheduled Castes and Scheduled Tribes candidates as on normal closing date in respect of vacancies reserved for them. Not exceeding 45 years for PH candidates as on normal closing date

Relaxable for regularly appointed Central/U.T. Government Servants upto five years as per instructions/ orders issued by the Government of India from time to time. For age concession applicable to some other categories of applicants, please see relevant paras of the ‘Instructions and Additional Information to Candidates for Recruitment by Selection.’

Scheme of the Test

  • The test duration is 2 hours.
  • The test will have objective types questions with MCQs (Multiple choice Questions).
  • The test will held in the English medium only.
  • The test will carry a maximum of 300 marks.

Syllabus of the Test

The syllabus of the test will broadly comprise the following topics:

  • Cost Audit under Companies Act.
  • Cost Accounting Records Rules under Companies Act.
  • Costs. Cost-Volume-Profit Analysis.
  • Pricing Decision.
  • Budgetary Control
  • Financial Statement Analysis.
  • Costing Methods.
  • Marginal Costing.
  • Standard Costing.
  • Material Management.
  • Decision Making.
  • Capital Budgeting.
  • Enterprise Resource Planning.
  • Project Management Techniques.
  • Cost Accounting Standard.
  • Emerging Concepts in Cost and Management
Scroll to Top