Guest Lecture on ‘Importance of Cost Audit in Industry’
A Guest lecture was held for students of Cost Audit (Major 3) on 22nd September 2018. The guest faculty CMA Rammohan Menon highlighted the importance of Cost Audit in Industry. He laid emphasis upon the motive behind conducting cost audits. The session covered practical aspects of cost audits, and students got an insight into how the cost audit is actually conducted in the firms; they were also provided with the different formats and forms that are a part of Cost Audit process. The entire Audit process of Goa Shipyard was discussed during the session. 36 students attended and benefitted from the session.