Social Audit
Social audit may be defined as a commitment to systematic assessment of and reporting on some meaningful, definable domain of a company’s activities that have social impact.
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24 October 2020
Propriety Audit
What is Propriety Audit? The propriety audit is confined to examine the validity of appropriations or is concerned with verifying that there is no leakage…
23 October 2020
Objectives and Scope of Management Audit
Objectives of Management Audit The basic objectives of the management audit can be briefly stated as under: To identify the overall objectives of the organisation.To…
22 October 2020
Management Audit
What is Management Audit? Management Auditing is a method to evaluate the efficiency of management at all levels throughout the organisation or more specifically, it…
21 October 2020
Cost Audit Programme
What is Cost Audit Programme? Cost audit programme is a detailed plan prepared by the cost audit showing how various stages of the cost audit…
20 October 2020
Role & Responsibilities of Cost Auditor
Role of Cost Auditor In order to perform his work as a cost auditor, a cost auditor should clearly understand his position and also what…
19 October 2020
Duties & Power of cost auditor
Duties of cost auditor The Companies Act, 1956 does not mention duties of a cost auditor clearly. Section 233B(4) states that the cost auditor shall…
18 October 2020
Cost Auditor
A Cost Accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959)…
17 October 2020
Efficiency Audit
Cost Audit has two important phases. The first phase is known as Efficiency Audit and the second phase is known as Propriety Audit. Let us…
16 October 2020
Cost Audit
Cost Audit means the checking and verification of the cost accountancy books, records, statements, reports and other data related to the cost of a product or service being provided by a business unit.
15 October 2020