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    <title>Companies (cost records and audit) Amendment Rules, 2016</title>
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    <description>Amendments redefine the cost audit report to include signed reports with attachments and qualifications, replace sectoral tables to specify regulated and non regulated industries, add captive generation for captive consumption to scope, mandate pre appointment consent and a certificate from cost auditors confirming eligibility and disclosures, permit removal of auditors by board resolution after hearing, require board approval of cost statements before auditor submission, impose a timeline for auditors to forward signed reports to the board, and require companies to file the cost audit report and explanations on reservations in Form CRA 4 in XBRL format.</description>
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