Cost Audit (Cost Records & Reporting)

The Companies (Cost Records and Audit) Rules, 2014 require companies in specified industries (pharmaceuticals, chemicals, fertilisers, sugar, cement, steel, electricity, telecom, petroleum, and others) above prescribed turnover thresholds to maintain cost records and, in many cases, submit a Cost Audit Report to the MCA. The cost audit examines production cost statements, cost of goods sold, capacity utilisation, and product/segment profitability. The report is prepared by a Cost Accountant (CMA) and filed in Form CRA-4 with the MCA. We coordinate with CMAs, handle cost record maintenance support, and manage the filing lifecycle.