https://www.taxtmi.com/acts?id=14823 Cost auditors must prepare and submit the cost audit report in the prescribed form with observations, suggestions and annexure, simultaneously forwarding a copy to the company; furnish a performance appraisal report to the Board/Audit Committee; and respond to clarification requests within thirty days. Companies specified for audit must maintain detailed cost records for each unit and product or activity, authenticated by at least two directors and the cost auditor, and retain such records in good order for not less than eight preceding financial years or for the period of the company's existence if shorter. en-us Fri, 10 Jun 2011 12:55:30 +0530 Fri, 10 Jun 2011 12:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14823 Cost auditors must prepare and submit the cost audit report in the prescribed form with observations, suggestions and annexure, simultaneously forwarding a copy to the company; furnish a performance appraisal report to the Board/Audit Committee; and respond to clarification requests within thirty days. Companies specified for audit must maintain detailed cost records for each unit and product or activity, authenticated by at least two directors and the cost auditor, and retain such records in good order for not less than eight preceding financial years or for the period of the company's existence if shorter. Act-Rules Companies Law Fri, 10 Jun 2011 12:55:30 +0530 https://www.taxtmi.com/acts?id=14823