Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India Approves Firm Name Cost Auditors for Cost Audits Under Companies Act, 1956 with Specific Conditions.</h1> The Government of India has decided to allow the appointment of Cost Auditors in a firm's name for conducting cost audits under Section 233B(2) of the Companies Act, 1956. This approval is contingent upon two conditions: all partners of the firm must be practicing cost accountants as defined by the Cost and Works Accountants Act, 1959, and the firm must have been constituted with prior approval from the Central Government as per Regulation 113 of the same Act. The Institute of Cost and Works Accountants of India is requested to disseminate this decision to practicing cost accountants through its journal.