Cost Audit & CMA Services

Cost & Management Accounting

CMA data preparation, project finance costing, cost audit under the Companies Act, and management accounting frameworks.

6 articles — updated weekly

Featured

CRA-2 and CRA-4 Deadlines for FY 2025-26: September 27 & October 27, 2026

Companies covered under the Companies (Cost Records and Audit) Rules, 2014 must file Form CRA-2 by September 27, 2026 and Form CRA-4 by approximately October 27, 2026 for FY 2025-26. Here is who is covered, the turnover thresholds under Table A and Table B, and the penalties for missing either deadline.

Read article →22 Sept 2026

Cost Audit Compliance 2026: CFOs and Directors Now Face Personal Penalties Under the Corporate Laws Amendment Bill

15 Aug 2026

The Corporate Laws Amendment Bill 2026 proposes direct personal liability for CFOs and MDs at companies required to maintain cost records under Section 148 of the Companies Act 2013. With the CRA-2 cost auditor appointment deadline approaching in September 2026, regulated-industry companies need to act now. The Bill has been referred to a Joint Parliamentary Committee and has not yet received Presidential assent.

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Standard Costing for Manufacturers: Bridging Product Costs and Transfer Pricing Under Section 92C

5 Jun 2026

Manufacturers face a twin challenge: keeping product costs accurate via standard costing while simultaneously defending transfer prices to tax authorities. Section 92C demands robust documentation. Form 3CEB requires certified cost accounting records. This post shows how to make standard costing serve both objectives.

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DPCO Compliance for Pharma: Cost Statement Format, Ceiling Price Reporting & NPPA Rules

4 Jun 2026

The Drug Price Control Order (DPCO) 2013 mandates strict cost accounting and price declaration for pharma companies. We break down cost statement format, NPPA ceiling price calculations, and critical compliance deadlines.

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Stock Audit for Bank Borrowers: RBI Guidelines, Ind AS 2 Valuation, and LFAR Findings

11 May 2026

Banks require independent stock audits under RBI guidelines before releasing credit limits. This post covers RBI norms on stock and book debt valuation, Ind AS 2 compliance, and how LFAR findings impact borrower credibility and loan security.

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Cost Audit Under Section 148, Companies Act 2013: Mandated Industries, CRA-3 Report & CRA-4 Filing

6 May 2026

Section 148 of the Companies Act 2013 mandates cost audit for specified industries. Learn which sectors require it, how to file CRA-3, CRA-4 deadlines, and penalties for non-compliance.

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