Cost Record Maintenance and Cost Audit
Maintaining statutory cost records and conducting cost audits in compliance with the Companies Act and Cost Accounting Standards.
MADHU KUMAR & CO.
We believe in going beyond the fundamentals to provide comprehensive, strategic solutions for your business needs. Our approach involves fostering strong relationships, staying informed about the latest developments, and ensuring that all regulatory requirements are met. Whether you're starting a new venture or managing an established business, we focus on guiding you through complex challenges with a commitment to accuracy, compliance, and long-term success.
Services Details
MADHU KUMAR & CO. provides support for the maintenance of cost records and conducts cost audits in line with the Companies (Cost Records and Audit) Rules and Cost Accounting Standards. Our services ensure that businesses maintain proper documentation of cost-related information such as material, labour, and overheads. We also help prepare cost statements and coordinate with cost auditors and regulatory authorities to meet statutory compliance and avoid audit observations.
Key services:
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Maintenance of cost records as per prescribed rules and standards
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Preparation of cost statements and reconciliation with financial data
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Support during cost audit and coordination with cost auditors
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Compliance with cost audit reporting to MCA and other authorities
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Review of costing systems and recommendations for improvement
Working with MADHU KUMAR & CO.
- Commitment to Excellence: We prioritize delivering solutions that maintain the highest standards of quality and precision.
- Transparency and Integrity: Building trust and maintaining clear, open communication is at the core of our approach.
- Cost Efficiency: Our solutions help reduce operational costs by optimizing resources and minimizing inefficiencies.
- Streamlined Business Operations: By handling key aspects of your business needs, we allow you to focus on your core competencies and growth.
- Compliance Assurance: We ensure your organization remains up-to-date with all regulatory requirements, mitigating risk and ensuring smooth operations.