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Cost Audit

Cost Audit

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Cost Record Maintenance
Cost Management

Cost Management

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Performance Management
K is a firm of Practicing Cost Accountants registered with Institute of Cost Accountants of India (Reg.No.000316).
KRJ  provides various Management Consulting and Business Support services. Our office is located in in Uppal, Hyderabad and Neredmet, Secunderabad. Our clientele include manufacturing as well as service sectors. We have a very competent team of professionals with practical experience of over 30 years and academically brilliant. One of our Partner is an All India Rank holder of the Institute of Cost Accountants of India  and has experience of over 37 years Industry, holding various positions from Accountant to General Manager of the Company.
KRJ can assist you in all stages of your company’s development, right from the initial incubation stage till the final value-unlocking phase using the right mix of services thereby ensuring sustainability and continuous growth of your organization. KRJ’s involvement in the assignments entrusted differentiates us in the industry. KRJ thinks along with the management and thus formulate solutions which are tailor made for each organization.KRJ’s involvement contributing latest knowledge and sharp skills coupled with the enthusiasm and practical wisdom of the management team will bring in desirable results in minimum possible time. Being a firm of Cost Accountants, KRJ is bound by the professional ethics and codes of conduct as prescribed by the Institute of Cost Accountants of India (ICAI) which is a statutory institute established by an Act of the Parliament.
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Nature of Business

Service Provider

Year of Establishment

2011

Legal Status of Firm

Trust / Association of Person / Body of Individual

Business Support Services
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Cost Record Maintenance as prescribed under section 209 (1)(d)
Accounts outsourcing – Ledger maintenance – Bank Reconciliations
Filing of various forms under MCA 21
Internal Audit

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Cost Audit

Cost Audit

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Cost Record Maintenance

Cost Record Maintenance

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Cost Management

Cost Management

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Performance Management
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Performance Management

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It is management’s prerogative to know how the company is performing and to frequently know the inefficiencies. Cost Audit prescribed by Companies Act also mandates a Performance Appraisal Report (PAR) to be given to Management. PAR covers following areas for analysis and reporting:
Capacity Utilisation
Productivity/ Efficiency
Utilities /Energy Efficiency
Key-Costs & Contribution
Product / service profitability
Market / Customer profitability
Working capital & Inventory Management
Manpower 
The Management can also suggest any other area for review by KRJ and it can effectively deal with such areas.  
The Systems can be Designed by KRJ to take care of giving dash boards to through light on many inefficiencies such as Labour underutilisation, material wastages/rejections, material usage variances, machine underutilisation reports..
KRJ can undertake preparation of Budgets for your Company and introduce Budgetary control mechanism, variance accounting in respect of overheads.

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Indirect Taxation Service
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Cost Management

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Cost Audit has been mandated in almost all industries for companies having more than Rs.100 cores turnover (Rs. 20 crores in respect of Six industries such as Telecommunications, Petroleum, Electricity, Sugar, Fertilizer and Pharmaceutical Industries) or net worth of Rs.5 crores or listed on any stock exchange. 
We equip the Companies in facing the Cost Audit as routine matter without much extra effort by designing record keeping systems in such a way that it will be a child’s play for completing the Cost Audit.

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Performance Management

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It is management’s prerogative to know how the company is performing and to frequently know the inefficiencies. Cost Audit prescribed by Companies Act also mandates a Performance Appraisal Report (PAR) to be given to Management. PAR covers following areas for analysis and reporting:
Capacity Utilisation
Productivity/ Efficiency
Utilities /Energy Efficiency
Key-Costs Contribution
Product / service profitability
Market / Customer profitability
Working capital Inventory Management
Manpower

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