Articles by CMA Navneet Kr Jain

Real Estate/Construction Industry: Reconfirmation of Applicability of Cost Accounting Record Rules 2011

Posted by CMA Navneet Kr Jain 30 May 2012 39068 Views

Real Estate/Construction Industry: Reconfirmation of Applicability of Cost Accounting Record Rules-2011 by Ministry of Corporate Affairs By Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA The present article is in continuati

XBRL: Cost Compliance Report and Cost Audit Report

Posted by CMA Navneet Kr Jain 14 May 2012 37353 Views

Cost Records Compliance Report and Cost Audit Report to be filed in XBRL Language MCAs Initiative to integrate Financial and Costing Reports MCA has issued a circular No. 8/2012 on 10 May 20

Cost Compliance Report and Applicability On New Industries

Posted by CMA Navneet Kr Jain 03 May 2012 69414 Views

Cost Compliance Report and Applicability On New Industries for the year 2011-12: From the year 2011-12 onwards many companies have come under the purview of Section 209(1)(d) of the companies Act

Central Excise Records/Returns and Relevance of Cost Records

Posted by CMA Navneet Kr Jain 17 April 2012 20562599 Views

Recently on 30th March CBEC has issued one notification with regard to the documents to be produced during Excise audit and this article is a step towards explaining co-relation of costing and Excise Returns.

Statutory Audit of Construction/Real Estate Companies: CARR

Posted by CMA Navneet Kr Jain 23 March 2012 102783 Views

Applicability of Cost Records in Real Estate/Construction Industry Statutory Auditors of Construction/Real Estate Companies to exercise caution By Navneet Kumar Jain, Practising Cost Accountant, Delhi Till the year 2010-11, cost records were require

Challenges in Finalization of Accounts for the year 2011-12

Posted by CMA Navneet Kr Jain 17 January 2012 22990 Views

Challenges in Finalization of Accounts for the year 2011-12 post new Cost Accounting Records Rules By Navneet Kumar Jain FICWA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA Ministry of Corporate Affairs has done a remarkable job for the indus

Inventory Valuations and Board of Director's Responsibility

Posted by CMA Navneet Kr Jain 28 November 2011 41754 Views

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

Posted by CMA Navneet Kr Jain 29 August 2011 17436 Views

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

Posted by CMA Navneet Kr Jain 01 July 2011 11435 Views

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

Posted by CMA Navneet Kr Jain 30 June 2011 119313 Views

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