Workshop on APPLICABILITY OF COST AUDIT UNDER THE COMPANIES ACT, 2013

On 16 July, 2016 from 5.00 pm to 8.00 pm at ICAI, CMA Bhavan, Near Jain Temple, Laxmi Nagar,

Speaker: CMA Sukrut Mehta,

The Institute of Cost Accountants of India, Nagpur Chapter

in association with

 Vidarbha Industries Association

&

Nag Vidarbha Chamber of Commerce

Invite you to a

Workshop on

 APPLICABILITY OF COST AUDIT

UNDER THE COMPANIES ACT, 2013

by

CMA Sukrut Mehta, 

Practicing Cost Accountant, Mumbai


On Saturday, 16th July 2016

from 5 pm to 8 pm

 at

CMA Bhavan, Near Jain Temple,

Laxmi Nagar, Nagpur – 440022.

 

Rohit Agrawal

Chairman

Economy & Finance  Forum

O S Bagdia

Vice President

V.I.A.

——————————————————————————————————————————————-
After enforcement of the Section 148 of the Companies Act. 2013 w.e.f. 01-04-2014, the Central Government had framed the Cost (Records & Audit) Rules 2014, under these rules, various classes of companies engaged in the production of the goods or providing services as specified in the Table A & Table B (enclosed for ready reference) of the rules are under the coverage of maintenance of Cost Records and Cost Audit. Criterion for maintenance of Cost Records is the total turnover of the Company during the immediately preceding financial year, which is 35 crores for both the Tables. Criterion for Cost Audit is as under:

  1.         In case of Table A, total turnover of the Company is 50 crores and products or services turnover is 25 crores.
  1.         In case of Table B, total turnover of the Company is 100 crores and products or services turnover is 35 crores.

 

Pls download GR Copy

CAR_RULES_31-12-14_

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