https://www.taxtmi.com/article/detailed?id=1601 The rules expand applicability of cost audit and cost accounting to companies meeting specified net worth, turnover or listing thresholds and to named industry sectors; require maintenance of unit- and product-level cost records for prescribed historical periods; mandate Board approval and cost accountant certification of Annexures; impose electronic pre-appointment filings and auditor notifications; require submission of cost audit and compliance reports in prescribed forms within statutory timelines; and envisage penalties for defaults by auditors, companies and defaulting officers. en-us Sun, 19 Feb 2012 19:19:38 +0530 Sun, 19 Feb 2012 19:19:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1601 The rules expand applicability of cost audit and cost accounting to companies meeting specified net worth, turnover or listing thresholds and to named industry sectors; require maintenance of unit- and product-level cost records for prescribed historical periods; mandate Board approval and cost accountant certification of Annexures; impose electronic pre-appointment filings and auditor notifications; require submission of cost audit and compliance reports in prescribed forms within statutory timelines; and envisage penalties for defaults by auditors, companies and defaulting officers. Articles Corporate Laws / IBC / SEBI Sun, 19 Feb 2012 19:19:38 +0530 https://www.taxtmi.com/article/detailed?id=1601