https://www.taxtmi.com/article/detailed?id=1469 MCA notifications recalibrate cost accounting obligations by limiting product specific cost rules to regulated sectors while imposing a general cost accounting rule elsewhere requiring cost information to meet minimum standards set by the Institute of Cost Accountants' Cost Accounting Standard Board. The regime distinguishes sectors needing externally attested cost audits from those where an internal cost accountant may file a board compliance report, excludes financial accounting records as substitutes for cost records, and aims to benchmark existing systems against prescribed minimums to improve governance and resource utilisation transparency. en-us Mon, 17 Oct 2011 22:50:40 +0530 Mon, 17 Oct 2011 22:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1469 MCA notifications recalibrate cost accounting obligations by limiting product specific cost rules to regulated sectors while imposing a general cost accounting rule elsewhere requiring cost information to meet minimum standards set by the Institute of Cost Accountants' Cost Accounting Standard Board. The regime distinguishes sectors needing externally attested cost audits from those where an internal cost accountant may file a board compliance report, excludes financial accounting records as substitutes for cost records, and aims to benchmark existing systems against prescribed minimums to improve governance and resource utilisation transparency. Articles Corporate Laws / IBC / SEBI Mon, 17 Oct 2011 22:50:40 +0530 https://www.taxtmi.com/article/detailed?id=1469