30 September 2013
Hi, what is scope of ICWA? What is the scope of cost accountant under company act 1956? Do they have any exclusive rights that CAs don't have?
01 October 2013
Cost accountants are required for the following purpose.
1. For the purpose of maintenance of cost records and Cost audit u/s233B of Companies Act, 1956. 2. Valuation audit under Central Excise Act. 3. Audit under Vat and Special audit under Customs Act. 4. For determination of product prices. 5. Tax consultant. 6. Project planning or financial adviser.