LatestAccounting And Audit 12 September 2026
LCC Projects Ltd Auditor Report Finds Cost Audit Not Required
The auditor’s report for LCC Projects Ltd states that the cost audit requirements outlined in paragraph 3(v) of the applicable order do not apply to the company. It confirms a broad review of cost records was performed, concluding compliance without needing a separate cost audit.
Key Finding: Cost audit not applicable per paragraph 3(v) of the order.
- Auditor reviewed cost records broadly.
- Determined compliance with existing regulations.
- No separate cost audit required.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.
