Archive | Cost Auditor

Top 3 Responsibilities of a Cost Auditor

This article throws light upon the top three responsibilities of a cost auditor. The responsibilities are: 1. Professional Responsibilities 2. Ethical Responsibilities 3. Legal Responsibilities. Responsibility # 1. Professional Responsibilities: The Council of the Institute of Cost and Works Accountants of India has cast upon the cost auditors the following nature of responsibilities. (i) Responsibility to clients and confidentiality: He [...]

By |2016-06-14T08:47:17+00:00June 14, 2016|Cost Auditor|Comments Off on Top 3 Responsibilities of a Cost Auditor

Top 14 Check Points for Cost Auditor

This article throws light upon the top fourteen check points for cost auditor. Some of the check points are: 1. Modvat 2. Royalty/Technical Know-How Fee 3. Research and Development Expenses 4. Packing 5. Interest 6. Expenses/Incentive on Export 7. Overheads 8. Conversion Cost 9. Captive Consumption 10. Capital Works Carried out Departmentally 11. Credits for By-Products and a few others. [...]

By |2016-06-14T08:47:16+00:00June 14, 2016|Cost Auditor|Comments Off on Top 14 Check Points for Cost Auditor
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