APPOINTMENT OF COST AUDITORS - The audit under sub-section (2) of Section 148 of the Companies Act, 2013 (Act) shall be conducted by a Cost Accountant in practice who shall be appointed by the Board on such remuneration as may be determined by the members (that means Shareholders to fix remuneration) in a following manner:
PFA
Before I share my thoughts, let me share a true incidence that happened in my family. One of my nephews passed class XIIth and he wasn't sure what to do. He had taken science as his area of expertise in class XIth and XIIth, but it was sure that he perhaps didn't want to do engineering or medical.
PFA.
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