Cost audit reports aren't just compliance filings — they directly feed decisions on trade remedies, tariffs, drug pricing, subsidies, and more. Here's where the data actually goes.

India now has 25 Cost Accounting Standards. This guide sets out all of them, explains which ones do the heavy lifting in practice — CAS-4 for GST valuation, CAS-25 for inventory, CAS-2 for capacity — and identifies exactly where they carry statutory force under the Companies Act and the CGST Rules.

Pharmaceutical manufacturing is a regulated sector under the Companies (Cost Records and Audit) Rules, 2014 — which means lower thresholds and higher scrutiny. Many promoters first hear the words "cost records" from their statutory auditor, or from a show-cause notice. A practical guide to what applies, when, and what a compliant system looks like.

A beginner-friendly explanation of key SAP Costing components including Cost Elements, Cost Centers, Internal Orders, Product Costing, CO-PA, and Material Ledger. Learn how these building blocks of SAP CO work together to deliver accurate costing and profitability insights.

In the evolving world of corporate compliance, cost audit is a crucial yet often misunderstood requirement. Understanding when your...