Cost Article

Job Description

 Maintenance of Cost Records: The trainees will be responsible for maintaining cost records as per
the requirements of Cost Audit.
 Analysis and Evaluation: This includes obtaining, analyzing, and evaluating accounting and costing
documentation, reports, data, flowcharts, etc.
 Cost Audit & Internal Audit: The trainees will be involved in performing the full audit cycle, including
maintaining cost accounts, risk management, and control management over operations’
effectiveness, financial reliability, and compliance with all applicable directives and regulations.
 Report Preparation: Trainees will be involved in preparing various reports based on specific projects,
clients, or organizational requirements.
 Management Information System (MIS): Preparing and analyzing Profitability Analysis (P&L
Statement) and financial statements as part of the MIS process.
 Taxation: The trainees will handle tasks related to taxation, such as GST, TDS, and Income Tax,
including GST Return 1 and 3B filing, GST Return 2A reconciliation, and TDS working.
 Product Costing: Calculation of Cost Per Unit, Budget Vs. Actual Expenses Variance Report Cost
Center Wise on a monthly basis, Periodic expenses report for Budgeting, Annual Budgeting & Budget
Deployment.