Date of approval of cost audit report

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 October 2014 Dear all,

Pls tell whether a Board of Directors are require to approve the Cost Audit report in its meeting before the signing of Cost Auditor or after the signing of Cost Auditor.
Thanks.

11 October 2014 Yes. Board has to approve the annexures to Cost audit reports

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 October 2014 Thanks.
But pls tell whether the date of approval of report by the BOD has to be before the signing date of cost auditor or after it.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2014 Dear Sir,

My company had got cost audit done for the f/y 13-14. Pls tell whether it is require to obtain cost compliance report also & file with the central govt.

Thanks

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2014 Dear Sir,

My company had got cost audit done for the f/y 13-14. Pls tell whether it is require to obtain cost compliance report also & file with the central govt.

Thanks

23 December 2014 Cost audit & compliance depends up on the products and services. check with your cost auditor itself whether compliance report attracts for your products & services


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