Articles by CMA Navneet Kr Jain

Cost Auditor's Appointment: Penalties for Non Compliance

Posted by CMA Navneet Kr Jain 18 June 2012 44869 Views

Cost Auditors Appointment: Penalties for Non Compliance of provisions with respect to appointment of Cost Auditor: 29th June, 2012 is the Last date of filing Form 23C relating to appointment of Cost Auditor (for the financial year 2012-13)

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

Posted by CMA Navneet Kr Jain 30 May 2012 39086 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 37355 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 69431 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

Statutory Audit of Construction/Real Estate Companies: CARR

Posted by CMA Navneet Kr Jain 23 March 2012 102804 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 22998 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 41756 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 17439 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 11442 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 119315 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