Ensure Compliance. Enhance Efficiency. Drive Profitability.
At Gaurav Jain & Associates, we specialize in offering comprehensive Cost Audit services as mandated under Section 148 of the Companies Act, 2013. With a strong understanding of cost structures across various industries, we help businesses not only comply with statutory requirements but also unlock valuable insights to improve operational efficiency and profitability.
Why Cost Audit?
Cost audit is not just a compliance requirement—it is a strategic tool that helps businesses:
- Ensure accurate cost accounting records
- Identify inefficiencies and cost leakages
- Provide transparency to regulators and stakeholders
- Support pricing decisions and cost control initiatives
- Improve overall financial discipline
Who is Required to Conduct Cost Audit?
As per the Companies (Cost Records and Audit) Rules, 2014, certain companies engaged in the production of goods or provision of services listed under regulated and non-regulated sectors are required to maintain cost records and get them audited by a Cost Accountant.
We stay updated with the latest MCA notifications to help you determine whether your company falls under the audit ambit.
Our Cost Audit Services Include:
- Review of cost records maintained under the prescribed rules
- Conducting cost audit in accordance with statutory guidelines
- Filing of CRA-1 (cost records) and CRA-4 (cost audit report in XBRL format)
- Industry-specific analysis for key cost components
- Recommendations to improve cost-efficiency and compliance
- Liaising with regulatory authorities (MCA) on behalf of the client
Industries We Serve:
- Manufacturing (Automobiles, Cement, Pharma, Textiles, etc.)
- Energy and Utilities
- Telecommunications
- FMCG
- Infrastructure
- Chemicals and Fertilizers
- Any other business under cost audit requirement
Why Choose Gaurav Jain & Associates?
- Over a decade of experience in cost audit and cost record compliance
- Strong domain expertise across multiple sectors
- Transparent and time-bound delivery
- PAN-India client base
- Dedicated team of qualified professionals