COST AUDIT AND COMPLIANCE REPORT

With an ever-increasing need for determining the accurate cost particulars of a product to arrive at the correct profitability, meeting the compliance requirements prescribed under the Companies Act has become equally important. , with a dedicated and qualified team to handle the Cost Audit and related Compliances, we offer our professional assistance with regard to the following.

• Cost Audit to ascertain the accuracy of the cost accounting records to ensure that the same are in conformity with Cost Accounting Principles, plans, procedures and objective
• Maintenance of Cost Records in terms of Companies (Cost Records and Audit) Rules, 2014;
• Internal Audit, Operational Audit and Management Audit as per the specific needs of the management;
• Cost Study and Analysis in order to determine the specific elements of cost associated with a brand, product, pack, customer, channel or region and analyzing the same to arrive at the desired results;
• Stock valuation as per the prescribed methods and regulations under the CAS-4;
• Transfer pricing CAS-4 Certificate for captive consumption;
• XBRL filing of Cost Audit Report;
• Determining the costing of product, channel or brand to meet the specific management decision making requirement of the Company;
• Budgeting and MIS;
• Management Consultancy Services