Hi
If the company is in operation from last 4 years but has fallen under eligibility of cost audit in current year, should the previous year data be provided or it should be left as NILas this is its first cost audit.
Hi
If the company is in operation from last 4 years but has fallen under eligibility of cost audit in current year, should the previous year data be provided or it should be left as NILas this is its first cost audit.
Cost audit is the verification of cost accounts to determine the accuracy of cost accounting records. It is a means to ensure that cost accounting records are in track with the costing principles, plans, procedures and objective. The audit usually involves. Verification that costing records are accurate.
O P Bagla & Co LLP
New Delhi
CA Inter
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T R SOOD & CO
New Delhi
CA Inter
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CAclubindia
