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TMI BlogCost AuditX X X X Extracts X X X X X X X X Extracts X X X X ..... Cost Audit X X X X Extracts X X X X X X X X Extracts X X X X ..... CA, is it compusory to make an cost audit from the FY 2012 - 13 to company who covered under cost audit record rule 2011 Reply By ajay singh: The Reply: As per order no. F. No. 52/26/CAB-2010 DATED ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 24 January, 2012, cost audit is compulsory for the industry covered under that order for the financial year 2012-13. Reply By Kiran Mukadam: The Reply: As per above mentioned circular if the company ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... covered under Companies (Cost Accounting Records) Rules, 2011, then it shall be audited its cost account by cost auditor since 1st April 2012. Is it correct? Reply By ajay singh: The Reply: Both th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Rules i.e., Cost Accounting Record Rules (CARR) 2011 and Cost Audit Report Rules (CAR) 2011 are different. Those companies which are covered under CARR they have to submit compliance report in speci ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fied form to the Central Government and those for which order u/s 233B is given by the Central Government they have to submit Cost Audit Report to Central Government. Under the above order cost audit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is compulsory for the Financial Year 2012-13 X X X X Extracts X X X X X X X X Extracts X X X X
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