https://www.taxtmi.com/acts?id=17066 The Rules require a Cost Accountant to examine prescribed books and certify whether necessary information was obtained and whether proper cost records have been maintained to present true cost of production, cost of sales and margins, including unit wise and product/activity wise statements; to indicate any deficiencies or qualifications; and to append observations. Detailed annexures and proformas (utility costs, cost of production and sales, element wise and process wise unit costs, allocation of assets/liabilities, expense apportionment, and profit reconciliation) must be prepared, state bases of allocation, reconcile with financial accounts, and reflect standards for by product valuation, export treatment and standard costing adjustments. en-us Thu, 06 Dec 2012 18:34:04 +0530 Thu, 06 Dec 2012 18:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17066 The Rules require a Cost Accountant to examine prescribed books and certify whether necessary information was obtained and whether proper cost records have been maintained to present true cost of production, cost of sales and margins, including unit wise and product/activity wise statements; to indicate any deficiencies or qualifications; and to append observations. Detailed annexures and proformas (utility costs, cost of production and sales, element wise and process wise unit costs, allocation of assets/liabilities, expense apportionment, and profit reconciliation) must be prepared, state bases of allocation, reconcile with financial accounts, and reflect standards for by product valuation, export treatment and standard costing adjustments. Act-Rules Companies Law Thu, 06 Dec 2012 18:34:04 +0530 https://www.taxtmi.com/acts?id=17066