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Articles by CMA Navneet Kr Jain

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Inventory Valuations and Board of Director's Responsibility

  CMA Navneet Kr Jain    28 November 2011 at 13:17

INVENTORY VALUATIONS AND BOARD OF DIRECTORS RESPONSIBILITY 2011-12 ONWARD UNDER NEW COST ACCOUNTING RECORD RULES-2011: By Navneet Kumar Jain, Practising Cost Accountant, Delhi Inventory valuation is one of the most important task in the accou



Roadmap for Cost Records preparation under new regime

  CMA Navneet Kr Jain    29 August 2011 at 13:03

Sub: Roadmap for Cost Record Maintenance / issue of Compliance Certificate under Companies (Cost Accounting Record Rules) 2011. After the issue of new notifications on 02/05/2011, 03/05/2011, 03/06/2011& 30/06/2011 the companies are required



Alignment of Excise Classification Code and Products under Cost Audit

  CMA Navneet Kr Jain    01 July 2011 at 13:37

Alignment of Excise Classification Code and products under Cost Audit (under Sec 233B) of Companies Act (year 2011-12 onwards) Amendment to Notification dtd 3rd May, 2011 Sir, In continuation of our earlier updates on cost audit, we would like



Mandatory Cost Audit.Cost compliance for the FY 2011-12

  CMA Navneet Kr Jain    30 June 2011 at 12:44

Sub: Latest amendment with relation to Cost Records (Sec 209(1)(d) and Cost Audit (Sec 233B) of Companies Act to be complied from the year 2011-12 onwards Sir, Ministry of Corporate Affairs has recently issued various notifications/cir