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Do we need a cost audit, secretarial audit, or a company secretary?

The short answer

Cost audit, secretarial audit, and annual-return certification are separate obligations that switch on at different sizes — check each, don't bundle them. Cost audit: the company intimates the cost auditor's appointment in CRA-2 and files the cost audit report in CRA-4 (XBRL), with cost records kept in the CRA-1 format. Secretarial audit: the MR-3 report is annexed to the board's report. And once paid-up capital hits ₹10 crore or turnover ₹50 crore, a practising company secretary certifies the annual return in MGT-8.

The sequence

  1. 1Map which audits and certifications apply to your company for the financial year
  2. 2Appoint a cost auditor where required and file CRA-1 within 30 days of the board resolution
  3. 3File CRA-2 within 180 days from the close of the financial year
  4. 4File MR-3 with AOC-4 where secretarial audit applies
  5. 5File MGT-8 along with MGT-7 where company secretary certification of the annual return is required

Questions founders actually ask

How is the cost auditor's appointment reported?

The company intimates the appointment to the Central Government in CRA-2 after the board appoints the cost auditor, under section 148 read with the Companies (Cost Records and Audit) Rules, 2014. Cost records themselves are maintained in the CRA-1 format.

How does the cost audit report reach MCA?

The cost auditor reports to the company, and the company files the report with the Central Government in CRA-4 (XBRL) within the statutory window — the CRA-4 form page linked above carries the current timeline.

Where do secretarial audit and CS certification fit?

MR-3 is the secretarial audit report annexed to the board's report under section 204 for the classes it covers. MGT-8 is a practising company secretary's certification of the annual return under section 92(2), triggered at ₹10 crore paid-up capital or ₹50 crore turnover.

Last verified 2026-08-24 against MCA V3 records and ICSI reference material. Form-level deadlines and penalties live on the linked form pages and update there.