New Audit Trail Rule: 2021

New Audit Trail Rule: 2021

New Audit Trail Rule: 2021

New Audit Trail Rule: 2021

You might be aware of the notification issued by the Ministry of Corporate Affairs (MCA) stating that from the 1st of April 2021, it is mandatory to use accounting software that has a feature for recording audit trail of each transaction, creating edit log of each change made in books of accounts along with the date when such changes were made and ensuring that the audit trail cannot be disabled. For more details and our views on the same, you may refer to ‘MCA Notification Regarding Audit Trail in Accounting Software’ in case you missed it. New Audit Trail Rule: 2021

To ensure that we deliver the right compliant software to you at the earliest, we are also aligning with the Ministry to clarify some critical open points highlighted in the above mentioned blog. New Audit Trail Rule: 2021

MCA has extended the due date to use accounting software with audit trail from 1st April 2021 to 1st April 2022. The copy of Notification is attached as under:

New Audit Trail Rule: 2021

New Audit Trail Rule: 2021
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New Audit Trail Rule: 2021

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