Tuesday, March 30, 2010

Statutory cost audit

Books of Account
Social Utility of Cost Audit
The Institute of Cost and Works Accountants of India
( http://www.eircoficwai.com/)

A case for cost audit

While financial audit serves the interest of the shareholders, we need cost audit for catering to the needs of the Government, the regulatory bodies, and the society at large, argues Social Utility of Cost Audit from the Institute of Cost and Works Accountants of India.

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