https://www.taxtmi.com/article/detailed?id=1592 Statutory cost audit obligations arise where companies are required to maintain prescribed cost accounting particulars; the Central Government may direct audits by qualified cost accountants under the Companies Act. A 2011 Ministry order applies the Telecommunications Cost Accounting Rules to specified classes of telecom companies, requiring practising cost accountants to be appointed as cost auditors. Cost accountants also perform advisory and management accounting roles, and represent clients in regulatory and tax adjudications, addressing cost control amid tariff pressures, spectrum and licence costs, and technology roll outs aligned with policy goals. en-us Tue, 07 Feb 2012 19:55:14 +0530 Tue, 07 Feb 2012 19:55:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1592 Statutory cost audit obligations arise where companies are required to maintain prescribed cost accounting particulars; the Central Government may direct audits by qualified cost accountants under the Companies Act. A 2011 Ministry order applies the Telecommunications Cost Accounting Rules to specified classes of telecom companies, requiring practising cost accountants to be appointed as cost auditors. Cost accountants also perform advisory and management accounting roles, and represent clients in regulatory and tax adjudications, addressing cost control amid tariff pressures, spectrum and licence costs, and technology roll outs aligned with policy goals. Articles Other Topics Tue, 07 Feb 2012 19:55:14 +0530 https://www.taxtmi.com/article/detailed?id=1592