Secretarial compliance calendar
CRA-2: appointment of cost auditor — workflow
Company appoints the eligible cost auditor and files the intimation; shareholder ratification of remuneration is a separate governance step.
Define the obligation before assigning the task
The company intimates the appointment and exact audit scope. Cost-record maintenance, cost-audit applicability and auditor appointment are separate questions.
Substituted form effective 14 July 2025; original appointment for FY2026–27.
Related guide: Form reference and completed fields
Walk the event through the calendar
An assumed covered engineering company makes an original appointment on 15 April 2026 for FY2026–27. Applicability is assumed to have been established from the actual product classification and preceding-year turnover; no threshold is invented by the example.
1. Establish the event and evidence
Test cost-record and cost-audit applicability using actual sector, product and turnover evidence; document any exemption.
2. Prepare the correct document
Obtain consent/eligibility certificate and Board appointment, with precise product and audit scope.
3. Submit and follow through
Use the correct CRA-2 purpose, attach Board resolution, file within the earlier Rule 6(2) limit and retain actual acknowledgement.
Record the controls and reconcile the outcome
| Control to record | Worked scenario |
|---|---|
| 4(l) Audit scope | Covered engineering-product cost records for FY2026–27, including allocation and reconciliation schedules. |
| 4(m) Consent and Rule 6(1A) certificate | Assumed received before appointment; no real certificate issued. |
| 5 Previous auditors | No previous-year appointment in this assumed first covered year; not applicable. |
| Attachment / declaration | Board resolution dated 15/04/2026. Not signed. No DSC, certification, SRN, filing or approval has occurred. |
- 15 April–30 April is 15 days, within 30 days of the Board meeting and within 180 days of FY commencement. Rule 6(2) uses the earlier limit.
- The new form distinguishes original, amalgamation, demerger, vacancy, new-product and other purposes; an appointment due to a vacancy needs the vacated-auditor details.
- A source kit or e-form does not itself prove the product/turnover applicability test.
Keep the source and example with the working papers
Official prescribed referenceWorked field example — fictionalThis is the same form, version and scenario as the linked detailed reference. The full field table is maintained there; this page concentrates on responsibilities, sequencing and evidence. No sample creates a DSC, professional certification, approval or acknowledgement. It is a static educational illustration with deliberately invalid synthetic identifiers.
Primary authorities and exact locators
- G.S.R.361(E), physical PDF pp13–17: CRA-2 purposes A–F, product scope, auditor and Board resolution.
- Companies Act, 2013: the sections expressly identified in the form and explanatory workflow; source copy, read with the specific later rules linked here.
- ICMAI-hosted consolidated statutory Rules updated through 2025, physical PDF pp8–10, Rules 5 and 6; CRA-2/CRA-4 versions controlled by the linked 2025 Gazette.
Close the task using the actual result
A source kit or e-form does not itself prove the product/turnover applicability test.
Retain the actual submitted or issued version together with the source records described above. If the authority requests a correction or a required approval has not arrived, preserve that status and the response trail; a saved draft is not evidence of completion.