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    <title>Cost Accounting Record Rules 2011 to Media Industry</title>
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    <description>Cost record obligations under the Companies (Cost Accounting Records) Rules, 2011 extend to media activities described as processing activity where companies meet prescribed applicability thresholds. Companies in scope must keep contemporaneous cost records from the financial year commencing on or after April first, two thousand eleven, enabling calculation of per unit cost of production or operations, cost of sales and margins on periodic bases, prepare programme level and consolidated cost records, reconcile with financial records, obtain a Compliance Report in Form B signed by a cost accountant, and file Form A with attachments with the Ministry within the statutory filing timeframe.</description>
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    <pubDate>Thu, 10 May 2012 07:57:52 +0530</pubDate>
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      <description>Cost record obligations under the Companies (Cost Accounting Records) Rules, 2011 extend to media activities described as processing activity where companies meet prescribed applicability thresholds. Companies in scope must keep contemporaneous cost records from the financial year commencing on or after April first, two thousand eleven, enabling calculation of per unit cost of production or operations, cost of sales and margins on periodic bases, prepare programme level and consolidated cost records, reconcile with financial records, obtain a Compliance Report in Form B signed by a cost accountant, and file Form A with attachments with the Ministry within the statutory filing timeframe.</description>
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