- info@arvindkumarandco.com
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- Mon - Fri : 09.00-17.00
Independent audit and cost audit services delivering regulatory compliance, cost efficiency insights, and improved financial control across manufacturing, service, and regulated business sectors.
Audit and cost audit play a critical role in ensuring financial discipline, statutory compliance, and operational efficiency. At Arvind Kumar & Co., we provide comprehensive audit and cost audit services designed to strengthen internal controls, improve cost transparency, and support informed decision-making. Our audit approach combines technical accuracy with practical business understanding, making it suitable for manufacturing, service, and regulated industries.
We conduct statutory audits, internal audits, and cost audits in accordance with applicable laws, cost accounting standards, and regulatory requirements. Our cost audit services include maintenance and review of cost accounting records, validation of cost statements, inventory valuation, cost allocation, and profitability analysis. We focus on identifying inefficiencies, cost leakages, and control gaps, while recommending corrective measures to enhance operational performance.
Our team has extensive experience handling cost audits for MNCs, listed companies, and manufacturing entities, ensuring compliance under the Companies Act and related rules. We work closely with management to understand processes, assess risks, and implement effective cost control systems. Through independent reporting, structured documentation, and transparent communication, we help organizations meet statutory obligations while gaining actionable insights from audit findings.
Our statutory and internal audit services are designed to ensure compliance with applicable laws while strengthening internal financial controls. We conduct in-depth reviews of accounting systems, policies, and procedures to assess accuracy, reliability, and adherence to regulatory standards. Our internal audits focus on identifying operational inefficiencies, risk exposures, and control weaknesses across business functions.
We provide practical recommendations to improve governance, enhance process efficiency, and reduce compliance risks. Through independent verification and structured reporting, we help management gain confidence in financial statements and internal control mechanisms.
We assist organizations in designing, implementing, and maintaining robust cost accounting systems aligned with business operations and statutory requirements. Our services include cost system design, selection of appropriate costing methods, cost allocation for direct and indirect expenses, and development of cost control mechanisms.
We also support accurate product costing, inventory valuation, and profitability analysis to help management make informed pricing and operational decisions. Our approach ensures cost data is reliable, consistent, and compliant with cost accounting standards.
Our cost audit services focus on statutory compliance, accuracy of cost records, and evaluation of cost efficiency. We review cost accounting records, cost statements, and related disclosures in accordance with the Companies Act and Cost Accounting Standards.
Beyond compliance, we analyze cost structures to identify inefficiencies, leakages, and improvement opportunities. Our audits provide management with insights into cost behavior, operational performance, and areas for optimization, making cost audit a value-adding exercise rather than a compliance formality.
We ensure complete compliance with audit-related statutory requirements, including preparation and submission of audit reports under applicable laws. Our team assists in documentation, regulatory filings, and coordination with management and authorities.
We also provide post-audit support, helping organizations implement audit recommendations and strengthen control frameworks. Through clear communication and structured follow-ups, we ensure audit outcomes translate into sustainable operational improvements and long-term compliance.
A structured, transparent approach focused on understanding your business, ensuring compliance, and delivering practical, value-driven financial solutions.
We evaluate your business operations, cost structures, financial risks, and statutory compliance requirements in detail.
We design and execute customized cost, accounting, tax, and compliance solutions aligned with your business objectives.
We provide continuous advisory, reporting, compliance monitoring, and expert assistance to support sustainable business growth.
Arvind Kumar & Co. provides a comprehensive range of services, including auditing, taxation, financial advisory, and management consulting. Their expertise extends catering to a diverse clientele ranging from small businesses to large corporations. Instances of delays are rare and usually communicated well in advance, allowing clients to plan accordingly.Will surely recommend many more clients to Arvind and his team
Ensure statutory compliance, cost transparency, and stronger financial controls with expert audit support.Partner with a trusted Cost Accountancy firm in Mumbai for reliable audit and cost audit services.
Schedule a consultation today to discuss your audit and cost audit requirements.
Audit focuses on financial statements, while cost audit evaluates cost records, efficiency, and compliance with cost standards.
Cost audit applies to specified industries and thresholds as notified under the Companies Act and related rules.
Yes, we design, implement, and maintain cost accounting records in line with statutory requirements.
Yes, cost audits identify inefficiencies, leakages, and control gaps, helping management improve cost efficiency and margins.
Clear guidance on audit and cost audit requirements
Arvind Kumar & Co. is a Mumbai-based Cost Accountancy firm delivering integrated cost, accounting, tax, GST, audit, and advisory services.
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124, MHADA Bungalow, Arvind Kumar & Co, opposite Akshara High School, Sector 8, Kandivali West, Mumbai, Maharashtra 400067
