banner_ad

Cost audit rules and cost accounting rules

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 December 2011 Frdz,

Is cost audit mandatory for all the manufacturing companies?

I am really confused between the cost audit rules and the cost accounting rules.

I understand that the Cost Audit Rules 2011 are applicable for those companies where the CG has specifically required u/s 233(B) of the Companies Act. (our company has not received any such orders so far)

Cost Accounting Rules states that it is applicable for all companies where the networth exceeds 5 crs/turnover exceeds 20 crs.

Plz clarify.
Profile Image

CS Premjith

Profile Image

CS Premjith (Querist)
15 December 2011 solved.

i refered order dated 30th june 2011.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details