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Expert Group Report
An expert group was constituted by the Ministry of Corporate Affairs under the Chairmanship of Shri BB Goyal, Advisor Cost. The Expert Group reviewed the existing Cost Accounting Records Rules, Cost Audit Report Rules and Cost Accounting Standards. The group has submitted its report to the government.

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Media Coverage to Expert Group

"Appropriate cost accounting records will improve competitiveness."Business Standard, Tuesday, June 2, 2009.

"Make Cost Audit bedrock of economic efficiency." Taxindiaonline.com, Saturday May 2, 2009,

"Cost Audit may cover all petroleum, power firms." Business Standard, Delhi, Monday March 30, 2009,

"Govt. mulls cost accounting standards", Business Standard, Delhi/Mumbai/Kolkata/Bangalore, Page-2, Thursday, Mar 26, 2009,

"Cost Check for service providers.", Economic Times, Delhi, Thursday, Mar 26, 2009,